| 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 |
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.