Use large inheritances for redistribution and thus promote meritocracy. — Problem
In Switzerland, up to 80% of the super-rich have acquired their wealth through inheritance – far more than in countries like the USA (about 30%). Modern dynasties emerge that control capital without having earned it themselves.
Problem
In Switzerland, up to 80% of the super-rich have acquired their wealth through inheritance – far more than in countries like the USA (about 30%). Modern dynasties emerge that control capital without having earned it themselves.