The Student Room Group

Scroll to see replies

Reply 60
This would be too easy to get round - just gift a large chunk of your money to your children when you hit 50 or something and keep just enough to have a comfortable life.
Reply 61
Lord Huntroyde
This would be too easy to get round - just gift a large chunk of your money to your children when you hit 50 or something and keep just enough to have a comfortable life.

Yeh thats why I said that unfortunatly if the system were to work you would get monitoring of peoples financies to make sure they arn't lundering money. This would be carried out in much the same way as Echelon operates (computers monitor it most of the time) so as to minimalise undue intrusion into peoples lives.
Reply 62
I suggest you read The Rise of the Meritocracy by Michael Young. This is where the term first was invented. He didn't share your enthusiasm.

Use every man after his dessert and who shall 'scape whipping? That's meritocracy for you.
Chubb
Yeh thats why I said that unfortunatly if the system were to work you would get monitoring of peoples financies to make sure they arn't lundering money. This would be carried out in much the same way as Echelon operates (computers monitor it most of the time) so as to minimalise undue intrusion into peoples lives.


Don't be foolish. Like I said before, people would just move abroad like they did in the days of the 'supertax', only on this occasion the migrations would be much greater, and there are many countries which would be very happy to have our wealthy businessmen and women.

After all our countries intelligent and business brains have gone, what happens to the country then? Do the dole dossers take hold of the mantle? Get real.
Reply 64
The only way anything vaguely like this would work was if it was established worldwide...
Reply 65
Joseph_SOUTH
This is an extremely selfish idea, people would no longer give things for their children. Also the country would never progress as people would never be getting richer just all staying at the same level, and the next generation having to start from that level again.
This is a stupid idea, over regulation is killing this country, in short, it's my money and i'll do with it what i please even it means leaving it to my kids.
GOD SAVE THE QUEEN!


The money wouldn't just leave the economy. If it could be done without ridiculous beauracracy I think it would probably benefit the economy, people wouldn't get stuck in poverty traps and everybody would have a real motivation for working hard.
Reply 66
Chubb
Actualy I'm getting quite a large sum of money and I've found it rather surprising that out of the people that I've told its the poorer people that object the most. My problem is that I havn't done anything to earn this money - I want a system where people have to earn things rather than just being free loaders and living off what their parents gave them. BTW - I said from the start that in todays social system the idea couldn't work - I'm jsut trying to find out what people think of it.


Apart from a few insane people like you thankfully most people do not have ideas like this, so thankfully they will never be adopted globally.

The greatest drive in all animals is to reproduce and let your genes carry on in your offspring. Go and read about a small idea called Darwinism. If you take away the right of people to provide for their children then you will have to be prepared to face a backlash created by a billion years of evolution.

Sure it may be nice if everyone lived a nice happy life, but why should I care about how comfortable anyones life is except my own and my immediate relatives?

Life is not fair. It is not meant to be fair. It will never be fair. Once you accept that a lot of things make sense. Why should everyone live a happy and equal life? Because it will make you feel better? That is not how life works, you get ahead in life through a combination of skill and luck.


The problem with any system with socialist elements, (this is socialist because it takes away money from those who have it to give to people who don't have it), is that it isn't compatible with our in built drive to provide for our families and children. I am personally in favour of scrapping all inheritance tax. Why the hell should the government get any of my parents hard earnt money? If they want to give it to me then it should be their choice, if they want to give it all to the stray cats home then that should also be their choice, but the government has no right to say what they should do with it.
AntiMagicMan
Apart from a few insane people like you thankfully most people do not have ideas like this, so thankfully they will never be adopted globally.

The greatest drive in all animals is to reproduce and let your genes carry on in your offspring. Go and read about a small idea called Darwinism. If you take away the right of people to provide for their children then you will have to be prepared to face a backlash created by a billion years of evolution.

Sure it may be nice if everyone lived a nice happy life, but why should I care about how comfortable anyones life is except my own and my immediate relatives?

Life is not fair. It is not meant to be fair. It will never be fair. Once you accept that a lot of things make sense. Why should everyone live a happy and equal life? Because it will make you feel better? That is not how life works, you get ahead in life through a combination of skill and luck.


The problem with any system with socialist elements, (this is socialist because it takes away money from those who have it to give to people who don't have it), is that it isn't compatible with our in built drive to provide for our families and children. I am personally in favour of scrapping all inheritance tax. Why the hell should the government get any of my parents hard earnt money? If they want to give it to me then it should be their choice, if they want to give it all to the stray cats home then that should also be their choice, but the government has no right to say what they should do with it.


If your dad talks to an accountant, he won't have to pay any inheritance tax if he starts ofloading his assets on you before he passes away.
Reply 68
Joey_Johns
If your dad talks to an accountant, he won't have to pay any inheritance tax if he starts ofloading his assets on you before he passes away.

Yep, it has to be seven years before death.
Joseph_SOUTH
This is an extremely selfish idea, people would no longer give things for their children. Also the country would never progress as people would never be getting richer just all staying at the same level, and the next generation having to start from that level again.
This is a stupid idea, over regulation is killing this country, in short, it's my money and i'll do with it what i please even it means leaving it to my kids.
GOD SAVE THE QUEEN!

funny you say all that and then praise an institution that takes away alot of your money without reason
AntiMagicMan
Apart from a few insane people like you thankfully most people do not have ideas like this, so thankfully they will never be adopted globally.
not a good way to debate
AntiMagicMan
The greatest drive in all animals is to reproduce and let your genes carry on in your offspring. Go and read about a small idea called Darwinism. If you take away the right of people to provide for their children then you will have to be prepared to face a backlash created by a billion years of evolution.
hospitals go against evolution as well should we get rid of them?
AntiMagicMan
Sure it may be nice if everyone lived a nice happy life, but why should I care about how comfortable anyones life is except my own and my immediate relatives?

because social stability benifits everyone
AntiMagicMan
Life is not fair. It is not meant to be fair. It will never be fair. Once you accept that a lot of things make sense. Why should everyone live a happy and equal life? Because it will make you feel better? That is not how life works, you get ahead in life through a combination of skill and luck.
in your opinion..... and what makes you say its not meant to be fair?
AntiMagicMan
The problem with any system with socialist elements, (this is socialist because it takes away money from those who have it to give to people who don't have it), is that it isn't compatible with our in built drive to provide for our families and children. I am personally in favour of scrapping all inheritance tax. Why the hell should the government get any of my parents hard earnt money? If they want to give it to me then it should be their choice, if they want to give it all to the stray cats home then that should also be their choice, but the government has no right to say what they should do with it.

well you live in a society where the majority disagree with this view and hence if you dont like the society you should move some where else like the bahamas or monaco
Reply 71
Chubb
OK what do you people feel about true meritocracy - I made this up myself so I'll have to tell you what it is obvioulsly:
A meritocracy (we live in one now) is meant to be where individuals are given more power (in the form of money and possesions in most cases) on the bases of their merits (literal translation from Latin is power given on merit or something like that). However the problem with our current system is that people can simply inherit money, real estate and in some cases political power (The House of Lords, Royal Familey - though decling now). This undermines the very fabrique and fundamentals driving the meritocracy.

Therefore my propersision is that we do away with inheritance and instead all money on death goes to the government - this would then allow for lower income tax, VAT, etc and the money would be pumped back into society in the form of benefits, discounts for students, etc (perhaps even just devide all the money up equaly and give it to the population - to give equality). Obviously to prevent people from just gifting money to their relations before their death the government would have to monitor such personal finances.

Economicaly if this could be done it would give a tremendus boost to the economy (or so some economists have told me). This is due to the increased competition and everyone having to work for a living.

Its sort of a marrage between comunism and capitalism. In my view it combines the fairness and equality of communism with the economical benefits of capitalsim.

The question then is this: what do you think of this system of government (yes I know its idealist) - please don't discuss the feasibilities of it on their own (solutions are welcome though).

P.S - this probably isn't very well written due to me being tired. :rolleyes:
P.P.S - critisism without reason is not welcome - please back up your ideas and don't just flame this - remember people said democracy would never work.


OK, i'm gonna say no because I think that if there's one thing in life that gives people a lot of comfort (and makes all the hard slog before retirement worthwile) is the idea that they can provide a better life for their children. If people inherit money, so be it. Perhaps people would lose the motivaiton to work long hours etc,. knowing that that once their 6 feet under their worldy possessions will be divvied up between people they've never even met, people who may not have that much merit at all. What do you think?
And also what's this obsession with 'earning' money all about? What difference does it make if someone has the life of riley because they've inherited it off Daddy? Surely it's just a case of the green eyed monster?
Reply 72
We have moved from a Hierachial society to a supposed Meritocratic society. This is an illusion, yes we have moved more left socially, but heirarchies very much exist. The illusion has possibly as was pointed out as the thread starter implied that people now are more motivated to acheive as they beleive they can achieve great things, but it is the benefactors of the wealthy that control the most important things. Tell me how many politicians went to state school, I don't know the percentage but I'm sure the majority are from Grammar/Private schools. Meritocracy is majority % myth designed to give people hope and therefore prevent social uprisings.

We are not at a Meritocratic society but I think it will happen, in a long time though.

Latest

Trending

Trending