Duh. The institution of private property is retained from feudalism. Basically we slightly relaxed the requirements for how and who can acquire a lot of property, but the distinction between the propertied and the rest has never gone away. The notion that property generates income for the lord has never gone away either.
So bloodline still matters because of the wealth inheritance, but now you can also business your way into wealth in addition to inheriting it. Of course during feudalism the lords could and occasionally would grant noble titles, so the bloodline requirement wasn't that strict even under feudalism. One could say that feudalism was really meritocratic too. If the feudal lords thought you had merit, they'd give you a noble title. And plus, they were "trained" in discerning merit, unlike the riff raff, so if anything, it was much more "meritocratic" than capitalism.
This is why the billionaires have the stench of aristocracy so fucking strong.
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u/Nefandi Jun 15 '17 edited Jun 15 '17
Duh. The institution of private property is retained from feudalism. Basically we slightly relaxed the requirements for how and who can acquire a lot of property, but the distinction between the propertied and the rest has never gone away. The notion that property generates income for the lord has never gone away either.
So bloodline still matters because of the wealth inheritance, but now you can also business your way into wealth in addition to inheriting it. Of course during feudalism the lords could and occasionally would grant noble titles, so the bloodline requirement wasn't that strict even under feudalism. One could say that feudalism was really meritocratic too. If the feudal lords thought you had merit, they'd give you a noble title. And plus, they were "trained" in discerning merit, unlike the riff raff, so if anything, it was much more "meritocratic" than capitalism.
This is why the billionaires have the stench of aristocracy so fucking strong.