Re:How People Get Rich Now
by closeparen on Monday April 12, 2021 @09:36PM
(#26787255)
No one is qualifying their discussion of inequality with “produced by inherited wealth.” If they did, it’d be a lot more palatable. About half the inequality discourse I see targets founders. The other half targets workers whose salaries are too high, whose children are too well prepared for college.
Most wealth in America is held by the top 5% wealthiest households directly as a result of inheritance, not hard work or value creation.
How is arguing that the inequality produced by inherited wealth needs to be restrained a "commitment to prevent the creation of value"?