It has been just over a year since I wrote “A responsible meritocracy“. My view was that meritocracy had indeed played a huge role in dislodging systemic inequalities (e.g. ethnicity, religion, even economic background) but not only is it not an ideal system, it is now widening the gulf between the haves and have-nots, and even creating entry barriers to prosperity. To use an adage from pop culture, it’s a hero which has lived long enough to see itself become a villain. Arguable, yes.
Every system is bound to create two sets of people – those who benefit from it, and those who do not. I’d rate the success of a system on two counts – the ability of its beneficiaries to see the other side, and what they do about it. The merit in a meritocracy is accrued courtesy intelligence/smartness. Intelligence is a means to creating the universally acknowledged currency – money. In that respect, I’d say that Silicon Valley has been a big beneficiary, and probably the most visible. (more…)
