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To: jazusamo

This highlights a severe weakness in capitalism as we practice it. Large fortunes are accumulated, then passed on to people who had almost nothing to do with accumulating the fortunes. The undeserving heirs then use the fortune to fund ways to undermine capitalism.

The only plausible solution that I can see, is for those who make the fortune try to insure that it goes to someone who worked for it. Not an easy task.


21 posted on 08/24/2011 6:14:23 PM PDT by marktwain (In an age of universal deceit, telling the truth is a revolutionary act.)
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To: marktwain

Excellent point and like you say, not an easy task.

The person building the fortune is probably, in most cases, too busy to pay much attention to his heirs as they’re growing to adulthood.

I believe that’s what has to happen to assure their wishes are carried out.


22 posted on 08/24/2011 6:24:23 PM PDT by jazusamo (His [Obama's] political base---the young, the left and the thoughtless: Thomas Sowell)
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