Saturday, December 16, 2023

QUORA: 'How do capitalists defend inheritance? Isn't inheritance unfair?'

 QUORA: “How do capitalists defend inheritance? Isn't inheritance unfair?


This is one of the easiest QUORA questions I’ve answered. Here is my answer:


“Property rights” is the right of use and disposal. As Investopedia defines it:


Property rights give the owner or right holder the ability to do with the property what they choose. That includes holding on to it, selling or renting it out for profit, or transferring it to another party.


My emphasis. Assuming your estate is property legitimately earned and legitimately acquired by you, it is your right to transfer it as you choose, upon your death, according to the instructions in your will. It’s as simple as that.


Here’s a question for you: If it is unfair for someone of your choice to inherit your property, then on what basis can you claim it is fair for someone not of your choosing to receive it?


Related Reading:


Is Inheritance anti-Capitalist and anti-Merit?


Does Inherited Money Ruin Lives?


Inheritance Taxes, Inequality, and the Economy


1 comment:

Mike Kevitt said...

If it is unfair for someone of your choice to inherit your property, then on what basis can you claim it is fair for someone not of your choosing to receive it?

It's on the basis of the notion (not idea) that it's not your property. Like, the notion that there are no individuals, only collectives, and that the goods go to the collective. Or, the notion that someone not of your choice will receive the goods because somebody or others prefer that. In either case, it's the notion that there are no property rights, or the simple fact that some people have more physical power than others, so they can use it arbitrarily. In all these cases, it's initiatory force, meaning, crime, even if there's legislation backing it, which means the legislation is automatically bogus and not law and has no authority, even if the legislation was established by "due process" which in this case was automatically perverted and must be restored by trashing that legislation.

We, with our brains, fabricate the idea or concept of property rights from our sensory perception of reality, where nothing in particular to human intelligence exists. It's just reality, but a pure sensory perceptual chaos to us, and to animals, minus our fabrications from it or minus instincts in animals. The particulars of our sensory perception is a chaotic mess to us in terms of out needs and desires, Order comes from animal instincts and from thought in animals and humans, respectively.

If we choose to orient our brains to our lives and to the maintenance and improvement of them, we'll come up with property rights in due order and time, and we'll proceed, in action. If others choose to orient their brains to death instead and try to make us act accordingly, to abandon property rights, and try to force us about it, then what do we do with our brains? Do we try to talk them out of it while they are assaulting us in enforcement of their "due process" "legislation", after decades or even centuries of talk while they might decide to wait, with a ta-ta, and let us blow off steam, then they proceed?

I think that some time, some where, we must employ our brains (our reason) elsewise. How? Well, I just won't say it. But, we must fight while we still have the means, starting with the actual laws, established by actual due process, much of which has been forgotten but is still there, to be used against all the garbage. There are always crooks to be disposed of. It can only be done by force, ultimately, if needed, by lethal force. If the crooks occupy positions in government, that changes nothing. We adapt our tactics and proceed.