What's the difference between power inheritance in a Feudal Monarchy and property inheritance in the modern world?

Question

We understand that monarchy and the right to rule is inherited. The descendant who inherited power has the right to rule the country. Take feudal China several centuries ago as an example, the King has every right to kill his citizen at his discretion. His citizens and the land in the boundaries of his kingdom remains his own property. And then we are examining another form of power in modern society today. Take the city I live as an example. The first richest man in my city is always ranked on the Forbe's list. His sons are going to inherit his massive wealth measured up to 30 billions USD.I am very confused and want to understand what's the difference between the two forms of inheritance above.

Answer 1

Well, there was a 3rd element that the American Founding abolished. The English had primogeniture and entail of property and the Founders abolished that. In some ways those laws (from England) though they involved the inheritance of property and also contributed to the inheritance of power, they did not promote the society as well as their abolishment, has. The government would love to gobble up the property, which might seem to you an answer, but free unearned money is the main reason modern government is wasteful and dominates all economic matters it can.