this post was submitted on 06 Apr 2025
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[–] RBWells@lemmy.world 39 points 1 week ago (16 children)

I think inheritance of money is bad. It seems to be some agreed upon good, you should leave money and assets to your children. But WTF? This drives inequality, generational wealth accumulates and so does generational poverty. I think the world would be better if it was more use it or lose it, and you couldn't pass it on like that. Or not so much at least.

[–] ipkpjersi@lemmy.ml 17 points 1 week ago* (last edited 1 week ago) (11 children)

That is a controversial one, but my response also will be.

In that case, would it be better if someone were to gamble all their money and lose it all while they are still alive, rather than to pass it down to their children? Would someone die more peacefully knowing they gambled all their money away, rather than leaving it to their children, leaving their children's lives uncertain? Is passing down a home to stay for their children really such a bad thing, rather than forcing them to fend for themselves in a horribly inequitable world where people are often unable to afford housing?

Personally, I don't think making everyone have nothing or the equivalent of nothing is the solution to wealth inequality, I don't think that solves poverty.

Also, how much inheritance should be allowed? None? $250? $2,500? $25,000? $250,000? $2,500,000?

What about a rich relative leaving money to their disabled cousin who was on lifelong disability, is a significant lump sum inheritance of half a million dollars for said disabled cousin still bad? Does it become bad if said cousin instead weren't disabled in this example?

I'm not so sure it's as simple as all inheritance of money is bad.

[–] volvoxvsmarla@lemm.ee 9 points 1 week ago (1 children)

How about we collect the potential inheritance of everyone that passes and then divide it equally to everyone who became 18 that year. Or it goes to a government fund that pays for a 30k bonus to everyone turning 18 (or 25, etc).

I am seeing this myself. I grew up in a Munich suburb and everyone was growing up in houses except my migrant ass and the other migrant asses, we were in rented apartments. Then, when we became young adults, guess who didn't have to pay for rent, who was rather worryless about their housing situation long term? Because everyone knew they would inherit the houses that were surging in value and are now between one and several million euros worth.

Now I am getting older and am friends with refugees. You want to tell me that the daughter of the guy who worked himself off after leaving Afghanistan at age 15, learning German but only managing to get a salesman apprenticeship, deserves nothing as inheritance? Because this is what it is going to be. His parents have worked their asses off raising 9 kids in a small home, they had no money but they gave it all.

We are all in our very early 30s and we can already extrapolate how differently our financial situations, our security nets, and our children's security nets will be. And we are lucky living in a social democracy.

[–] ipkpjersi@lemmy.ml 2 points 1 week ago (1 children)

So if you cap it to 30k, that still means that parents dying means that their children's lives are still left uncertain. There would still be the problem of people being unable to afford housing.

I'm not sure that no inheritance at all, or 30k for everyone at age 18 actually solves anything.

[–] Cryophilia@lemmy.world 0 points 1 week ago (1 children)

their children’s lives are still left uncertain

Fuck em. A lot of children's lives are uncertain.

[–] slackassassin@sh.itjust.works 4 points 1 week ago (1 children)

Once a statement like that comes out, you've lost the plot completely.

[–] Cryophilia@lemmy.world 1 points 1 week ago (1 children)

We're reading different books. Mine is called Equality.

[–] slackassassin@sh.itjust.works -1 points 1 week ago

Masturbatory self righteousness more like.

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