Better? That depends on what socioeconomic sphere you're in. This kind of familial dependency protects entrenched interests. If you don't care about upward mobility and social progress, it may suit you.
It has produced some interesting outcomes over history:
Historically, the fate of family members in Russia was deeply intertwined. With this government-sponsored arrangement, family members of "revolutionaries" would be punished. This was an effective device of the tsars for a long time. Eventually, though, they enforced familial punishment with the wrong family and created a formidable adversary -- V.I. Lenin. Creating Lenin The Revolutionary in a deeply disgruntled society was the tipping point.
It has produced some interesting outcomes over history:
Historically, the fate of family members in Russia was deeply intertwined. With this government-sponsored arrangement, family members of "revolutionaries" would be punished. This was an effective device of the tsars for a long time. Eventually, though, they enforced familial punishment with the wrong family and created a formidable adversary -- V.I. Lenin. Creating Lenin The Revolutionary in a deeply disgruntled society was the tipping point.