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E-grāmata: Inheritance of Wealth: Justice, Equality, and the Right to Bequeath

4.07/5 (14 ratings by Goodreads)
(Lecturer in Philosophy, University of Melbourne)
  • Formāts: 256 pages
  • Sērija : New Topics in Applied Philosophy
  • Izdošanas datums: 26-Jan-2018
  • Izdevniecība: Oxford University Press
  • Valoda: eng
  • ISBN-13: 9780192524997
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  • Formāts: 256 pages
  • Sērija : New Topics in Applied Philosophy
  • Izdošanas datums: 26-Jan-2018
  • Izdevniecība: Oxford University Press
  • Valoda: eng
  • ISBN-13: 9780192524997

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Daniel Halliday examines the moral grounding of the right to bequeath or transfer wealth. He engages with contemporary concerns about wealth inequality, class hierarchy, and taxation, while also drawing on the history of the egalitarian, utilitarian, and liberal traditions in political philosophy. He presents an egalitarian case for restricting inherited wealth, arguing that unrestricted inheritance is unjust to the extent that it enables and enhances the intergenerational replication of inequality. Here, inequality is understood in a group-based sense: the unjust effects of inheritance are principally in its tendency to concentrate certain opportunities into certain groups. This results in what Halliday describes as 'economic segregation'. He defends a specific proposal about how to tax inherited wealth: roughly, inheritance should be taxed more heavily when it comes from old money. He rebuts some sceptical arguments against inheritance taxes, and makes suggestions about how tax schemes should be designed.

Recenzijas

The argument is developed clearly ... Daniel Halliday's book would be a fine source for the principles by which to judge the effectiveness of the current system ... Daniel Halliday has made a cogent argument for a more concerted effort to reduce social segregation and its malign effects. * Mark Hannam, Times Literary Supplement * I strongly recommend this book to anyone interested in contemporary issues concerning distributive justice. * Blain Neufeld, University of Wisconsin-Milwaukee, Notre Dame Philosophical Reviews (NDPR) * Densely packed and succinctly written book which is analytical political philosophy at its best: clear, rigorous, and admirably sharp... anyone remotely interested in egalitarianism will find much to reward them in this outstanding book. * Jonathan Seglow, Ethical Theory and Moral Practice * The Inheritance of Wealth marries a discussion of the principles involved with a sketch of what he sees as some of the key empirical features of contemporary inequalitymaking readers ponder a difficult subject. * Daniel Ben-Ami, Financial Times * I recommend Halliday's book in large part for its ability to raise good questions. * Jason Brennan, Philosophers' Magazine * [ An] elegantly written book ... this is a ground-breaking work ... anyone interested in issues of social justice needs to engage with this thoughtful and easily accessible text. * Adrian Walsh, Australian Book Review * Although indeed perhaps precisely because inheritance taxation seems to be on the retreat everywhere, analysis of the implications of inheritance for social justice has never been more urgent. Halliday's thorough, thoughtful and provocative book is therefore hugely valuable and especially timely. * Geoffrey Brennan, University of North Carolina, Duke University, and Australian National University * Inheritance of Wealth offers fresh insights into the moral problem posed by inheritance. Halliday's analysis draws on traditional sources to challenge contemporary inequalities and usefully links economic segregation to the inheritance of wealth. * Anne Alstott, Jacquin D. Bierman Professor in Taxation, Yale Law School *

Acknowledgements ix
1 Introduction
1(25)
1.1 Undermining Justice Gradually
1(3)
1.2 The Main Arguments in Brief
4(4)
1.3 Inherited Wealth and Inequality Today: Some Comments on the Empirical Evidence
8(8)
1.4 Outline of the Book
16(1)
1.5 Further Remarks on the Study of Inheritance within Contemporary Political Philosophy
17(4)
1.6 Inheritance and the Moral Foundations of Capitalism
21(5)
2 Inheritance in Early Liberal Writings
26(28)
2.1 Antifeudalism in the Origins of Liberalism
26(3)
2.2 Locke on Property versus Political Authority
29(3)
2.3 Adam Smith on Entails and "the Progress to Opulence"
32(6)
2.4 Paine on Land and Compensatory Taxation
38(5)
2.5 Godwin on Aristocracy, Segregation, and Well-being
43(4)
2.6 Mill on the Limited Right to Bequeath
47(5)
2.7 Some Generalizations
52(2)
3 The Utilitarian Case against Iterated Bequests
54(20)
3.1 Mill on Taxation and Incentives
54(4)
3.2 Rignano's Proposal and Its Context
58(3)
3.3 Progressivity Over Time
61(5)
3.4 Some Problems
66(5)
3.5 Prospects for Recovering the Rignano Scheme
71(3)
4 Inheritance and Luck
74(27)
4.1 The Intuitive Idea
74(3)
4.2 Naive Luck Egalitarianism: Some Problems
77(3)
4.3 Pluralism and Personal Prerogatives
80(6)
4.4 The Institutional Approach
86(4)
4.5 Reciprocity and Idleness
90(5)
4.6 Hypothetical Insurance
95(6)
5 Inequality and Economic Segregation
101(21)
5.1 Segregation and Equality
101(3)
5.2 Contemporary Social Egalitarianism: A Brief Sketch
104(3)
5.3 Segregation and Nonfinancial Capital
107(3)
5.4 Segregation and Luck: Some Theoretical Advantages
110(3)
5.5 Economic Segregation and Unjust Consequences
113(4)
5.6 The Robustness of Economic Segregation: Taxation versus Alternative Types of Institutional Reform
117(5)
6 Inheritance and the Intergenerational Replication of Inequality
122(33)
6.1 Some Doubts
122(6)
6.2 Parental Conferral of Advantage
128(7)
6.3 The Problem of Regulating the Family
135(3)
6.4 The Cumulative Effects of Inheritance (1): Effects on Differential Parental Conferral of Advantage
138(7)
6.5 Compounding
145(3)
6.6 The Cumulative Effects of Inheritance (2): Effects as an Attractor of Nonfinancial Capital
148(4)
6.7 The Egalitarian Complaint about Inherited Wealth: A Summary
152(3)
7 Libertarianisms
155(29)
7.1 Preliminary Remarks on the Libertarian Tradition
155(7)
7.2 Indistinctiveness Arguments
162(4)
7.3 Virtue, Cruelty, and Family Farms
166(5)
7.4 Left Libertarianism and Abolition
171(5)
7.5 Perpetual Savings
176(8)
8 Taxation
184(27)
8.1 On the Philosophical Evaluation of Tax Schemes
184(4)
8.2 Avoidance through Gifts: The Problem of Selecting the Right Tax Base
188(6)
8.3 The Rignano Scheme as an Anti-Avoidance Device
194(3)
8.4 Charitable Bequests
197(4)
8.5 Why Not a Wealth Tax?
201(3)
8.6 Hypothecation
204(4)
8.7 The Politics of Inherited Wealth
208(3)
Bibliography 211(18)
Name Index 229(3)
General Index 232
Daniel Halliday teaches political philosophy at Melbourne University. He works mainly on topics relating to justice and political economy. He holds a PhD in philosophy from Stanford University.