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Just because they may get the benefits of my work does not mean that they will not work.
At any rate who are you to tell another human being what to do? That is exactly what you are doing, for some reason you feel its unfair that someone else Had a family member that did more than just clock in and be someones wage slave. Guess what right now its a free country and you could earn some royalties yourself. But even then your kids are not guaranteed to never have to work.
Your entire assertion is naive at best. Somethings just don't sell themselves. And someone at anytime mat make something that makes your product obsolete. Its a rare case that I single copywrite will continue to make lots of money. Many successful people have hundreds of copywrites that cost them thousands of dollars to get. Yet maybe one or two has any value.
Here is a little reality while yes some rich people exploit Intellectual property, It is the small guy (or small gal) that Intellectual property protections help out. You act as if everyone is evil greedy bastards and need to be kept from be greedy. Just hedge a little more of that liberty away until we are all wage slaves.
I'm not sure how people will become "wage slaves" simply because lifetime IP is reduced to something more reasonable.