Doesn't it increase inequality if the children of highly paid tech employees also get double the amount in their investment account compared to those born from poor parents? That feels like it's not aligned with the original idea of giving all children an investment account.
If you want a classless society, that's literally the definition of communism according to Karl Marx. This is capitalism .
I didn't express a preference in either direction. Just noted that this program is presented as a way to increase equality and give all children equal opportunities, while their actions seem to do the opposite.