Well, play it out in a simulation, what happens if you have two groups of humans, one can build wealth across generations, and infact already have access to better education, food, and the enormous privileged of rolling the dice and failing without suffering extreme consequences. The other group doesn’t, and now on top of it? They can’t work harder to build some wealth and pass it on to their descendants because the “state” legally disincentivises it.
You have in essence legally protected the rich from competition even inter-generationally.
alt Hacker News
Well, play it out in a simulation, what happens if you have two groups of humans, one can build wealth across generations, and infact already have access to better education, food, and the enormous privileged of rolling the dice and failing without suffering extreme consequences. The other group doesn’t, and now on top of it? They can’t work harder to build some wealth and pass it on to their descendants because the “state” legally disincentivises it. You have in essence legally protected the rich from competition even inter-generationally.