Distributive Justice: The Right and Wrong of Our Present Distribution of WealthRyan, John A. (John Augustine)
PhilosophyChristian
Distributive Justice: The Right and Wrong of Our Present Distribution of Wealth
Ryan, John A. (John Augustine)
Economic history; Income distribution -- Moral and ethical aspects; Wealth -- Religious aspects
Four of the nine members of the Federal Commission on Industrial
Relations have suggested that the amount of property capable of being
received by the heirs of any person be limited to one million
dollars.[197] If we assume that by heirs the Commission meant the
natural persons to whom property might come by bequest or succession,
this limitation would permit a family of ten persons to inherit one
hundred thousand dollars each, and a family of five persons to obtain
two hundred thousand dollars apiece. Would such a restriction be a
violation of the right of private ownership? The answer depends upon
the effects of the measure on human welfare. The rights of bequest and
succession are integral elements of the right of ownership; hence they
are based upon human needs, and designed for the promotion of human
life and development. A person needs private property not only to
provide for his personal wants and those of his family during his
lifetime, but also to safeguard the welfare of his dependents and to
assist other worthy purposes, after he has passed away. Owing to the
uncertainty of death, the latter objects cannot be adequately realised
without the institutions of bequest and succession.
All the necessary and rational ends of bequest and succession could be
attained in a society in which no man's heirs could inherit more than
one million dollars. Under such an arrangement very few of the
children of millionaires would be prevented from getting at least one
hundred thousand dollars. That much would be amply sufficient for the
essential and reasonable needs of any human being. Indeed, we may go
further, and lay down the proposition that the overwhelming majority
of persons can lead a more virtuous and reasonable life on the basis
of a fortune of one hundred thousand dollars than when burdened with
any larger amount. The persons who have the desire and the ability to
use a greater sum than this in a rational way are so few that a
limitation law need not take them into account. Corporate persons,
such as hospitals, churches, schools, and other helpful institutions,
should not, as a rule, be restricted as to the amount that they might
inherit; for many of them could make a good use of more than the
amount that suffices for a natural person.
Public-domain text, read in full here on John Shaqi.
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