“The assumption that it’s “their money” is false.”
Thank you for sharing your opinion. I would have to disagree.
This is not opinion. It is fact as seen by the growing wealth disparity on the groud.
It is indeed opinion, because the existence (or nonexistence) of wealth disparity cannot “prove” such, which is philosophical rather than real.
The money “earned” by some inherited aristocratic fortune is due to nothing contributed to the system and relies entire on the vast labor force, working a long as possible to keep them powerless exhausted and marginalized, and making as little as possible to sustain the designs of the executive class and increase their power and control over said system.
Very little of the US wealth disparity is due to inherited wealth.
70% of Rich Families Lose Their Wealth by the Second Generation
70% of wealthy families lose their wealth by the second generation, and a stunning 90% by the third, according to the…
There Are More Self-Made Billionaires In The Forbes 400 Than Ever Before
Over the past 30 years, the origin of the wealth of the richest people in the United States has shifted away from old…
(This was the first time I had ever googled “wealth disparity and inherited fortunes”. Just the result set that came back was interesting. Mainstream sources basically poo-pooed the idea (some cites above) while the left-leaning agitprop sites all had articles which talk about how inherited wealth is destroying the nation. Now, this may change, as Piketty has argued, in the future, but as of today, income inequality is not due to inherited wealth. I’ll be summarizing an interesting article from the Times in a few minutes that addresses the causes of income inequality……..and fair warning, it’s not going to make you happy.)
Yeah, welcome to the modern face of slavery. (Oh and, PS, the God stuff? Metaphor. You guys got all the god folks believing your trickle down drivel.)
I don’t believe in trickle down anything. Straw man. The term “trickle down economics” is not a valid economic theory; it’s a political bumper sticker.