Date: 2009-01-08 06:12 pm (UTC)
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!

Agreed (and with the rest, too), but then I think that a "race to accumulate the most capital" is a pretty lousy way to organise a society anyway (which I imagine you do too.)

The other side of the question is the utility/value provided by any given piece of government expenditure. To take a not-random example, surely it makes sense for the gov't/council to spend GBP600 per month to pay a couple's mortgage and keep them in their own house rather than pay GBP750 per month in rent to move them into the identical house next door.

One solution would be that when a social payment towards your rent/mortgage is made, then 'society' (in the form of the gov't, the local council, some approved housing association, whatever) becomes owner of a suitable chunk of the equity in exchange. But that has problems of its own (most notably with private landlords again, but).
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