Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
He does mention that there is always a chance that a heir will dissipate the capital -otherwise, it would just keep concentrating. But whereas a war will dissipate everyone's capital, a wastrel heir will only dissipate one.

Besides, it may be a common theme in literature, but let's not overstate the ability of someone to squander immense wealth. Someone with €50 billions would be hard pressed to gamble them away.

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi

by Cyrille (cyrillev domain yahoo.fr) on Fri May 23rd, 2014 at 05:45:21 PM EST
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