Adrian Wooldridge: Meritocracy's Capture by Plutocracy

Meritocracy has long been championed as a way of attaining success through hard work and skill; society’s best and brightest are rewarded based on their performance, not their background. But some people have started to poke holes in this theory, arguing that meritocracy, as it exists today, is an illusion. Critics argue this foundational principle has been co-opted by society’s elite, allowing them to transfer social status and wealth to their children by limiting the competition they face whether it's attaining higher education or gaining lucrative employment. The faux meritocracy of the 21st century is exacerbating inequality and diminishing opportunities for middle and lower class families and youth. While not perfect, others argue that meritocracy is the best system we have for conferring society’s resources on individuals thereby rewarding human talent. Meritocracy has transformed over a century or more Western societies mostly for the better, giving the poor and middle class a chance at upward mobility and including women and other historically disadvantaged groups in the collective pursuit of individual success. Social mobility is stalling not because of meritocracy, but due to institutions’ failure to complete the meritocratic revolution and fully embrace its core principles and ideas.

Arguing for the motion is Daniel Markovits, Professor of Law at Yale Law School and author of The Meritocracy Trap.

Arguing against the motion is Adrian Wooldridge, political editor of the Economist and author The Aristocracy of Talent.

QUOTES:

DANIEL MARKOVITS

“Meritocracy has restructured education in such a way that having rich parents is almost a necessary condition for getting the kind of education that you need to get ahead.”

ADRIAN WOODLRIDGE

“Inequality between the upper and middle class is widening due to a lack of meritocracy. And the best solution to the problem is more meritocracy, not less meritocracy.”

Sources: CNN, HBO, The Institute of Art and Ideas, Fox News, CNN

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