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Distribution Of Income Inequality

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Distribution Of Income Inequality
In this writing Haslett discusses the problem of inheritance undermining the economic theory of capitalism. He acknowledges wide gaps in the distribution of income, but introduces even larger gaps in the distribution of wealth as a greater problem. Haslett supports this accusation by proving inheritance conflicts the three most important values of capitalism. He proposes to readjust balances of wealth in America by abolishing inheritances.
Inheritances violate capitalistic ideals of distribution according to productivity by allowing rich children to enjoy their parents’ wealth avoiding economic productivity. These children then inherit millions, continuing their wealth. Inversely, lower class citizens who work hard and have high economic
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