The resistance to such a policy is largely about ideology rather than about feasibility. It is about the quiet but pervasive belief that those born into privilege should remain there.
I don’t think this is true at all. There is an ideological argument for inheritance, but it’s not the one you’re giving.
The ideological argument is that in a system with private property, people should be able to spend the money they earn in the ways they want, and one of the things people most want is to spend money on their children. The important person served by inheritance law is the person who made the money, not their inheritors (who you rightly point out didn’t do anything).
I don’t think this is true at all. There is an ideological argument for inheritance, but it’s not the one you’re giving.
The ideological argument is that in a system with private property, people should be able to spend the money they earn in the ways they want, and one of the things people most want is to spend money on their children. The important person served by inheritance law is the person who made the money, not their inheritors (who you rightly point out didn’t do anything).