Is Inheritance Immoral? | 8-23-15

Knowledge Is Power.

This is an undeniable fact. Some people say that money is power, but the idea “money is power” is a piece of knowledge, and it would be useless if it did not represent a piece of logical information. No one would strive to obtain money if they didn’t know that “money is power”.

Knowledge is Power.

Now that I’ve clarified this, let’s get on to the piece of knowledge that inspired this piece.

Money Is Power

This fact resonates throughout capitalist history, from the days of revolution to the industrial revolution to the digital revolution and so on. One need only look back to the politics of the last hundred years to understand that money is the source of all power today. No one listens to the broke guy in rags on the soap box anymore; they’re far too enchanted by the fancy suit on the man behind the podium. Money bought that podium, and money tailored that suit. Money is so directly proportional to power, they might as well be the same thing.

Money is power.

Now, having this piece of knowledge at hand often makes a person plan their life based on two goals: the first goal being to obtain as much money, and therefore power, as they can develop in their life, so that they can become more powerful and shape the world to their liking. The second reason is to obtain as much money, and therefore power, as they can in their lifetime, so that they can will it to their children, providing their offspring with as much money, and therefore power, as they can after their own death.

I do not in any way wish to suggest that a person should not wish the best for their child. That would be ludicrous; why have children, if not for that reason? You should wish the best for your children, and do the best for your children’s future.

On the other hand, this piece of knowledge, just like any other, has its limit. For example, you want the best for your child, but if you found out they were being bullied, would you remove that bully’s presence from your child’s life? Would you move to a different town, just because of the way a single kid was treating your child? Let’s say that other parent thought that their child bullying your child was good for their child’s self esteem, and they move to the same town you move to, just so their child can keep on using yours. What would you do then?

Would you kill for your child?

I don’t think you would. In fact, I’m willing to bet that the average person would have their own child institutionalized before they acted to kill on their offspring’s request. Hell, many parents are too busy slugging down the night’s bottle to read to their kids at night, even though they know the benefits. There are parents out there who would rather let their child beg for food all night long than to stop themselves from smoking cocaine in freebase form.

Be honest: you wouldn’t sacrifice your life for your child. In the moment, hell yea, you would jump right in front of a bullet. It would be reflex. Would you suffer a slow death, little by little, millimeter by millimeter, cut by cut, to save your child from an instant bullet to the head?

If you’re the average person, I don’t think you’d be that strong. This isn’t an insult to humanity, it’s just an observation of the average person.

Most people have parents to support them, but parents who would give their lives for them? I don’t think so. This really messes with my head though, because as far as I had been told…

“All Men Are Created Equal”

I’m gonna go ahead and update this to “all people are created equal”, because unless you’re a womanizing pig or a supra-feminist extremist, “all people” is probably what you mean when you say “all men”.

(For the record, I’ve dealt with both womanizing pigs, and supra-feminist extremists, and I have no respect for either.)

We Americans base the premises of our government on this simple fact. All people are created equal. One child at the moment of conception is just as entitled to life, liberty, and the pursuit of happiness as any other child is. This is the idea that inspired our forefathers to fight against their monarchical dictators.

Monarchical….monarchical… hmmmm.

The United States government works on the premise that no matter what family you’re born into, you have just as much right to the world as the next child in the next family. Inheritance goes directly against this.

Inheritance is Monarchical

 When a person gives to their child, they are giving them an advantage. While you are alive, you have the right to give as much as you want to your child, be it love, knowledge, or money. You can even go as far as to give your whole life and worth to them, to work only for their benefit. If you want.

After you die, though, you’re gone, and when you give your child the fortune you’ve saved, you are giving them your power. If you have $5 million dollars, and you give it to your child, they then have your financial power, plus any that they have accumulated over the years.

Let’s say you keep your father’s wealth, and add another $10 million by your own work. That’s $10 million you would probably have not gotten lucky enough to make if you didn’t have $5 million in investing power from your father.

Oh, and also the advantage of being raised and educated in an upper class family.

Now, you have $15 million dollars, or fifteen-million power points, as they might be better called. You give that to your child. They use it to develop more power of their own.

Do you see a cycle developing here?

It’s Just Not Fair

In 2007, 14.7% of the wealth owned by the wealthiest one-percent was obtained through inheritance, according to a study conducted by Edward Wolff of New York University and Maury Gittleman of the U.S. Bureau of Labor Statistics. If you didn’t know, the wealthiest 1% in America own more than the bottom 90%. 14.7% of that wealth, they did nothing to earn.

No contribution to society. No invention, or brilliant advertising pitch that skyrocketed a product into popularity. Nothing.

This is where we get politicians like Donald Trump. Donald Trump has been tapping into the lower class voting bracket, who see him as an “anti-politician”, someone against the grain of everyday politics. He is painting himself as a champion for the working man and a savior of the “impoverished, disenfranchised every-day American”.

Trump borrowed millions from his father to start his real estate empire. He did not start at the bottom and rise to the top. He started at the top, kicked out some low-income families who were renting there, and then built a tower up there with his name on it, so that he could get higher. Donald Trump has never had a legitimate, normal person’s worry in his life. At least not financially.

We need to stop acting like capitalism is a system of equality. Once wealth is sequestered to one person, there is little to threaten that person’s hold on it. The same families stay in power year after year. They marry and remarry, hiding the fact that they’re Rothschilds or Rockefellers. Very few start from the bottom and make it to the top, and that number becomes less and less every year, as more and more of the power gets held tighter and tighter by singular groups.

All men are born equal. Created equal? That depends on the parents.

I don’t think that giving your child a few million is such a bad thing, but when it’s tens of millions, even billions, it becomes unfair. Think of all the children that money could put through higher education, of all the starving families that could feed. So much more good could be done with that power.

America needs to start looking at what is really right, and what parts of its dream are the desires of a glutton. If we keep what’s right at mind, then the coming years will bring a wave of true equality, of true freedom for all people. We simply have to arm ourselves with the right knowledge. The first weapon?

Knowledge is Power.