Wolfgang Wuensche Posted about 1 year ago Is capitalism sustainable? The relevant question is not the distribution of income. The relevant point is the morale of capitalistic behavior. Capitalism in itself is neither good nor bad, and uneven wealth distribution neither. But how to use wealth makes the difference. In the deepest capitalism of the late 19th Century one of the most important entrepreneurs in Germany Alfred Krupp said and lived the principle: that "solid, satisfied regular worker" are more important than the distribution of dividends, The actual foundation manager Beitz asked in November 2011 for the bicentennial anniversary: "The moral capitalism must be the foundation of our economic trade." And even in the actual crisis of this major steel conglomerate the discipline remains to live the mentioned principle rather than folllow short term unethical "capitalistic" exclusive shareholder driven behaviours. The second point I would like to add to this conversation relates to inheritance. The story in one reply of Mike Colera reads like this:"He spent days in his dorm room writing computer code for his new atari computer. They were the newest geek toys and he and his friends had a great time making apps to make this computer do things. Well, he and his friends dropped out of school and started a small business of writing code for computers. His father gave him some seed money to get him started. He had intellectual capital. He's Bill Gates". Great. But seed money is one thing, cementing wealth with kids who never contributed at all to generate any financial wealth, is an other aspect. If one criticize the distribution of wealth from the rich to the poor than one should also criticize the distribution of wealth from the parents to the (poor) kids.