| There are a lot of interesting ideas to unpack here: - As the initial meritocrats (does that pass as a word?) benefit from the meritocracy and accumulate wealth, they use that wealth to increase the odds for their children, resulting in a future where the "meritocracy" is made up of people whose merits in education were largely paid for, and so it ceases to be a meritocracy and ends up resembling an oligarchy. - People outside the meritocracy can't stand the smugness of elites, who have better opportunities and thus better outcomes. - This results in the breakdown of democratic function over time, because hating elites results in fact-denying when those elites are factually correct. An example is how the uneducated largely voted for Brexit, and won't change their minds in the face of evidence that it was a bad vote, because they don't want to admit that they were wrong and the elites were right. For me this presents some of the issues brought about by large inequality, whether brought about by traditional feudalism, oligarchy, or new-fangled "meritocracy." It causes unrest such that inevitably results in revolution. I also question the value of a meritocracy on its basic premise. It seems unfair in a society with so much wealth that "lazy" people or "dumb" people get such a short end of the stick when it is not their fault that they were born that way. Many of us want to build cool things and make money and contribute to the world, and capitalism makes sure we're rewarded for it, but for those of us who don't I see no reason they should be condemned to poverty while there is the means to feed them. |
I'd argue that there's no evidence that Brexit was a bad vote for people without significant savings (designated in sterling.) It's easy to understand why the elites would hate it; it's responsible for a 10% loss in their worth.
I think you're still (accidentally) assuming that the descendants of people of merit still hold that merit somehow, rather than just having divergent interests due to their positions as owners and managers, rather than wage-earners.
edit:
> Many of us want to build cool things and make money and contribute to the world, and capitalism makes sure we're rewarded for it,
Capitalism rewards destruction, deception, and extortion as often, if not more often, as it rewards productive activity. Ransomware is a cool thing, as an application of technology.