the feudalistic society -> industrial capitalist featured the landed aristocrats buying up a lot of peasant land and this helped drive the industrial revolution this change in agriculture and the wealth gained. They also fenced off common land. The other side of the coin is in Britain the money the Government compensated to slaves helped build the industrial base for the industrial revolution.

but still

you cannot argue

meritocratic capitalism on one hand

so how does this build inheritance money

and then allow inheritance

on the other

as established by what benny put up above, 7/10 rich families lose their wealth by the second generation

which would mean only 3/10 would successfully carry over the inheritance

and thus in extention 7/10 gaining wealth through means other than inheritance

which would mean *the majority of rich people* are not rich due to inheritance

https://inequality.org/research/selfmade-myth-hallucinating-rich/

http://time.com/money/3925308/rich-families-lose-wealth/

https://prudential.kinja.com/1796379043

Then how did the rich get their riches before inheritance?

^

^

cricket

Kek

cricket again

Rest In Peace communism.

***the communist warriors look for a shitty fake article to support their outrageous claims***

Ok back my internet died the rise of the bourgeoisie in england was because of colonialism smh the access to the resources of the colonized states aided the industrial revolution.

Then how did the rich get their riches before inheritance? [2]

Bloodshed conquest war 🤔

So then

so then say

If you want to get rich

a generation ago

they got their money through bloodshed conquest and war

Let's just kill people

so everybody who has inheritance money

you're saying their money is gained through killing in war

No because the mode of production has changed from when direct colonialism was required to control the riches of other nations. Now imperialism is a much more useful way. Wage labour and extracting surplus value is that means.

Then how did the rich get their riches before inheritance? [3]

Also yes the wealth of Europe and the west is undeniably the result of imperialism

@🌼Kalina🌹🌸🌹Zay🌹🌸🌹Scott🌼 wouldn't they have lost it

Like the statistic said

How do they get rich NOW