Q: With reference from Michael O Church, where does the "working rich", "skilled labor" and "gentry" fit into this model?
Q: "Life History" is originally used by biologist on fertility vs longevity tradeoffs. Is this comparable to the r/K or CSR strategies ala Anonymous Conservative's predictions (although he is more tribal)?
Not really primogeniture, as all family members may share in the wealth, but family offices really are (in part) a consequence of US tax policy, where the basis in financial assets steps up when passed to heirs or shifted to trusts. Replacing the estate tax with a capital gains tax at death (and on grants of shares to heirs or trusts before death) and eliminating the tax deduction for appreciated assets donated to a charitable foundation, DAF or charity/endowment (ie- the donor must pay capital gains tax on the gain and only then gets a tax deduction for the market value of the assets - just as a salary earner has taxes withheld but can get these back after donating salary) would at least reduce the steepness of the playing field between entrepreneurial tycoons with billions in near zero-basis stock and the salary-earning professional class. Well, that and raising capital gains taxes while replacing the corporate income tax with a tax on revenues (with deductions for domestic cost of goods sold and domestic salaries).
Q: With reference from Michael O Church, where does the "working rich", "skilled labor" and "gentry" fit into this model?
Q: "Life History" is originally used by biologist on fertility vs longevity tradeoffs. Is this comparable to the r/K or CSR strategies ala Anonymous Conservative's predictions (although he is more tribal)?
Not really primogeniture, as all family members may share in the wealth, but family offices really are (in part) a consequence of US tax policy, where the basis in financial assets steps up when passed to heirs or shifted to trusts. Replacing the estate tax with a capital gains tax at death (and on grants of shares to heirs or trusts before death) and eliminating the tax deduction for appreciated assets donated to a charitable foundation, DAF or charity/endowment (ie- the donor must pay capital gains tax on the gain and only then gets a tax deduction for the market value of the assets - just as a salary earner has taxes withheld but can get these back after donating salary) would at least reduce the steepness of the playing field between entrepreneurial tycoons with billions in near zero-basis stock and the salary-earning professional class. Well, that and raising capital gains taxes while replacing the corporate income tax with a tax on revenues (with deductions for domestic cost of goods sold and domestic salaries).
Great diagram, by the way!