Hereditary economic power persists despite the abolition of political dynasties

Evidence

We still think it natural that a man should leave his property to his children; that is to say, we accept the hereditary principle as regards economic power while rejecting it as regards political power. Political dynasties have disappeared, but economic dynasties survive. — Bertrand Russell, History of Western Philosophy, 2250

Categorization

  • corroborated: 2 independent passages support this claim — Bertrand Russell, History of Western Philosophy, 2250
  • XREF: connects to: Institutional power persists even in egalitarian settings that believe they disavowed it; Capitalism extended feudal relations rather than negating them; Much societal power remains beyond the political system’s reach (+4 more)

Broader Connections

  • Capitalism extended feudal relations rather than negating them #corroborates (0.70)