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Inheritance. Good or bad?
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Judy Butler
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Inheritance. Good or bad?
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To consider the aspects of inheritance in our modern day social sphere.
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Strengths
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Strengths are based on internal factors and seen as helpful to the organization.
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Very motivational for workers to know that money that they're accumulating will be left behind for their children as benefactors
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21
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Freedom. People own their property, and can decide how to use it
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Weaknesses
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Weaknesses are based on internal factors and seen as harmful to the organization.
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If government were to take the money, it would use it to push forward social change, and improve the country's infrastructure
SW
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Inheritance hands people valuable income in return for "being born lucky"
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People who inherit vast sums from their parents often already know how to manage and grow money
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Inheriting a lot of money can easily result in stagnation on the inheritors part
SW
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Successful parents are on average more productive than their children
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Unprepared heirs are susceptible to many afflictions such as profligate spending, similar to a lottery winner
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