It's quite enjoyable to be tasked with some labor
Council Members in Charge of Your Fortune's Distribution Have Made Their Decision
As a 31-year-old ex-multi-millionaire, you're finally living life like the common folks, you'd admit.
Marlene Engelhorn (ME): I ain't bankrupt just because I'm passing my fortune to the public. I got this transition cash to help me adapt from spending my inheritance to being like those who earn a living daily. So, how does it feel to be average and democratic? Heck yeah, it's great!
What's next on your agenda?
I haven't figured that out yet, but something will pop in my head soon. I've been living large courtesy of my connections and wealth, and I'm confident I can manage even in the employment world. People are stirred up over me and my sudden change of heart, though.
It's the curiosity, of course. Not many can afford to throw away riches just 'cause they ain't needed for happiness. That's an intriguing move to people I reckon.
Inheritance doesn't define wealth, but wealth equals power. I can manipulate reality with it, and change people's lives without seeking their permission. That kind of control isn't fitting in a democratic system. I feel the need to dig deeper concerning wealth distribution.
How did the curiosity start for you?
I didn't have a divinely-inspired epiphany. I've always been part of a social circle that occasionally pointed out, "Are you still aware of your wealth, or are you just blinded by it?" Rich people tend to exist in a bubble with others like them, never confronted with reality. But when I let go of my inheritance, things remained the same. I distinguished between wealth and inheritance. Wealth empowers you – letting me create realities or influence people's lives, but at no cost. This power, given solely due to inheritance, isn't right in a democracy. I disapprove of the lack of consent and accountability. That's why I questioned the concept of wealth distribution.
What sparked the interest for you?
There was no dramatic turning point. I gradually grew aware of my privilege. When I surrounded myself with ordinary, hardworking folks, people who reminded me of the 99%, I realized my wealth wasn't a step down, but a step up in joining the democratic world. I traded illegitimate power bestowed upon me at birth for a new form of participation in society where my power belongs.
Did you have a say in the distribution of your fortune?
I handed myself out of the picture. I expressed my gratitude for them taking on this task at that first meeting. I stepped away from influencing the distribution list. I aimed to understand the priorities of the citizens.
Are people happy with the distribution?
Of course, there'd be disagreements on the allocation. It's beautiful how we have diverse perspectives in a democratic society. For me, the process is most significant –learning to compromise and to create something together. I'm happy with the list.
How did your family respond?
They are democratic and understand my stance on redistributing wealth and advocating for fair taxation.
Do you thinks you're unique in your decision?
People may perceive it as an isolated event, but privately, there are wealthy individuals championing for redistribution, and they do it democratically. Transparency is a challenge for me too –I'm ambiguous about my exact wealth due to familial obligations. I'll be open and try to minimize information about others. I support a transparency register, though. The question of wealth should be addressed openly to eradicate hidden power. I ain't alone in this journey as it may appear.
Can you imagine entering politics, like being a rep?
There's no scarcity of wealthy, privileged folks in politics. It would be more impactful to bring in diverse perspectives of those who aren't already in the political realm. I'll dedicate my future to distributive justice. Exactly how, you'll have to wait and see.
Interview with Marlene Engelhorn by Andreas Becker.
The interview has been shortened for better readability.
Read also:
Delving deeper into the concept of wealth distribution, Marlene Engelhorn feels that the control and power derived from inheritance isn't suitable in a democracy. She believes that a fair tax policy on inheritances could help lessen the disparity between the wealthy and the common folk.
In the context of social policy, Engelhorn's decision to redistribute her fortune has sparked conversations about the need for a more equitable distribution of assets, leading to debates on wealth redistribution and transparency.