We should ask if people approve of hereditary peerages
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BRB getting permission from the descendants of the inventor of the wheel to drive my car
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If I don't find a way to get back on my feet, I'm going to be forced into anal rentseeking sooner than I feared. Please pray for me, but don't let my misfortune cast a pall over these incredible moments you're enjoying right now.
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IP feudalism
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I don't understand this stuff well but some people are objecting to this that I wouldn't expect to; ie ppl who are generally in favor of other forms of inheritance
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its complicated but basically boils down to efficient taxation and rents vs quasi-rents if you want to be technical and charitable. or people one likes vs people they dont if they want to be noncharitable
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Eh, I dunno... might change my mind when I have em, but it matters much more to me that my kids inherit competence and a desire to make their own way than assets or a bank balance.
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In fact, the latter without the former would likely harm them.
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Eternally disappointed that Stross of all people boomered down to this level
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"Royalty" becomes quite the pun when the government starts enforcing rights over multiple generations.
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