The government could make it illegal to be a private landlord... or better, the government could enforce regulations such that "being a landlord" is actual work.
But, yes, you are right that it scales badly.
I don't think "distributing the capital more fairly" is *helped* by people who just sit on their damn money so that they can give it to their children, so their children have a head start in the race to accumulate the most capital! Another reason to encourage pensioners to spend their savings (possibly on annuities).
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timeasmymeasure
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Date: 2009-01-08 05:08 pm (UTC)But, yes, you are right that it scales badly.
I don't think "distributing the capital more fairly" is *helped* by people who just sit on their damn money so that they can give it to their children, so their children have a head start in the race to accumulate the most capital! Another reason to encourage pensioners to spend their savings (possibly on annuities).