Hacker News new | ask | show | jobs
by iamnotlarry 3366 days ago
Good luck with that.

The daughter of a wealthy estate might receive the very best in private education, music lessons, etc. She might take her allowance and start a successful business. She might just have a successful business because of all her parents' social connections.

Then dad dies. How do you propose to nullify all the advantages she still enjoys because of her father's wealth?

Can you take away the child's business that was started with a few million dollars from dad? No? But you can take away the million dollars still sitting in the bank?

How about the farm? the house? the boat? Can those not be inherited?

If you reject all inheritance, you reject much of the incentives of capitalism.

EDIT: better English

2 comments

> If you reject all inheritance, you reject much of the incentives of capitalism.

I reject the idea that inheritance is a matter of right, and particularly that there is any moral right in extending the will of the dead past their death.

I don't, OTOH, disagree that some inheritance may even socially useful and worth permitting, with appropriate conditions and limitations, on that basis. In fact, I said so explicitly in GP.

OTOH, I'm also not a big fan of capitalism as a system, am glad that it has generally been displaced by the modern mixed economy since being described by its critics, and think that the influence it has on the general shape of modern economies needs to be further curtailed, so I'm not particularly worried that limiting inheritance might further undermine the influence of capitalism; that's a benefit, not a cost.

So where's the line?

I was born and grew up under an actual communist rule. It was terrible. Also, it didn't really work due to fundamental human nature.

What human nature you ask? Well, mine for example. I'm working my ass of so that I can have more than you have. So that I can leave my wealth to my children (three so far) so that they can continue from a better position than where I started from (almost nothing, except the education my single mother gave me) to get an edge in life.

You want to take that option away from me? Sorry, not gonna work.

> I'm working my ass of so that I can have more than you have.

why do you want to have more than someone else? that implies that you derive pleasure from the deprivation of others, which is sadistic.

I think you should work so that you can have the things that you want for yourself, not so you can have more than someone else.

I like the freedom that monetary success gives. I've seen it briefly and it was freaking awesome.

The only reason it gives that freedom though is derived from inequality. The world is an extremely complex system and complex systems have weird emergent and unpredictable behaviours.

Also, some people contribute more than others. I'm certainly not saying that I'm the biggest contributor, but I do know people who can code circles around me (yes, I used to be a software developer, hey, this is HN you know) and really can do things that I could not, because they depend on fundamental understanding of complexity that I'm simply unable to comprehend. There is no way I could have come up with Paxos for example and clearly it has been extremely useful technology. Also I'm sure the inventor (Alan Kay, IIRC) makes a ton more money than I do and he deserves it!

There is no fundamental equality, because people are not equal and peoples contribution to society is not equal.

Bezos already has paid more taxes than I will ever pay - so he has in fact contributed more.

No, I only want to take 75% of that option from you if it didn't return into the economy during your lifetime.
Good luck trying, you're not getting it :)
Unfortunately for you, that is not up to you to decide, but to society as a whole. And society has those pretty fun tools like police forces, etc.

But don't worry, there are much bigger fish to fry than you. You probably won't even be impacted, given the amount of wealth that can be recuperated from the leeches at the top, we can probably already make a much more egalitarian society.

I can vote, just as everyone else :)

So, the problem here is that I don't understand why you think Jeff Bezos is a "leech" exactly. The guy built a business and became very successful. What the heck is wrong with that?

I'm building a house for me and my family. I mean literally building it myself, not hiring people to build it for me. It's fun - sometimes. Other times it's hard and frustrating.

I've also been involved in building three companies so far. That has been fun - sometimes. Other times it's hard and frustrating.

If one of those companies is/was successful, would I also be a "leech" by your definition?

actually, you'll be dead
People care about what's going to happen after they die. You can see this from any global warming activist. They're not concerned about their own live but about future generations. Are you saying they should mind their own business and ignore the grandkids who might have more storms and famines?
> Are you saying they should mind their own business and ignore the grandkids who might have more storms and famines?

No, I'm not.

I'm saying that once they're dead, what they cared about when they were alive matters, if at all, because and to the extent people still living care about it, and that there is no inherent right that the dead have to have their will dictate actions or rights of the living once they have died.

that's not the same type of thing as inheritance of material property and money. the inhabitability of the earth is an existential priority. what we do with leftover bank account balances when someone dies is not.
you're arguing against a strawman, the post you're replying to was discussing the posthumous will specifically.