Meritocracy Trap Book Summary
Meritocracy Trap Summary I Read this after hearing an interview with Daniel Markovits initially. (2020-08-23 to 2020-12-12) The Book in Three Sentences Meritocracy replaced direct inheritance style aristocracy after the post World War II baby boomers overwhelmed colleges–forcing them to create the SAT to deal with admissions–and has been snowballing a self reinforcing selection process that has been undoing the middle class ever since. The elite make bank slogging gnarly hours more than by stereotypical capital gains loop holes and “the rest” work fewer hours, involuntarily left out of the economy....