There is an alternative: 1) limit how much descendants can inherit. Allow them only a maximum amount of let's say: 10 million and make sure that either the founder finds a way to redistribute his/her wealth to the rest of the world, or make the government find ways of redistributing this money. 2) make it mandatory for corporations to share their wealth (income) with the employees -- as an example make it mandatory to redistribute 50% of the income generated to the employees working for the company rather than paying CEOs insane amounts of money to return 'shareholder value'. The whole motto of maximising shareholder value has poisoned capitalism: the goal of a company should not be to become a cancerous growth -- but to serve as a net good for humanity. 3) seal the tax loopholes that make it easy for the rich to avoid paying taxes. There is no reason why the poor and middle class pay a disproportionate amount in taxes compared to the rich.