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Be productive, then procreate : Comments
By Gary Johns, published 14/1/2015Children who grow up in welfare-dependent families are much more likely to be dependent upon welfare as adults. This is the unsurprising finding of Professor Deborah Cobb-Clark in the Youth in Focus research project.
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Until the welfare state was formed, the rich lived in tax-free intergenerational wealth splendour. Sadly, for the last hundred years or so, the rich have been forced to pay taxes to support the people they exploit and those who fall between the cracks of the system that keeps the rich wealthy.
Capitalism is a fear-based system. Those who play the game are well rewarded, while those who do not are doomed to lifelong debt, fuelled by the fear of homelessness and starvation. Welfare alleviates the poverty of those who do not measure up to the capitalist system – and we can’t have that, can we?
Intergenerational welfare is the flipside of intergenerational wealth.