Search results
Results from the WOW.Com Content Network
Meritocracy (merit, from Latin mereō, and -cracy, from Ancient Greek κράτος kratos 'strength, power') is the notion of a political system in which economic goods or political power are vested in individual people based on ability and talent, rather than wealth or social class. [1]
In 1990, Michael Kinsley stated, "Inequalities of income, wealth, status are inevitable, and in a capitalist system even necessary." [13] Rising wealth disparity increasingly undermines faith in the existence of meritocracy, as beliefs in equal opportunity and social equality lose credibility among lower classes who recognize the preexisting reality of limited class mobility as a feature of ...
Twilight of the Elites: America After Meritocracy is a 2012 nonfiction book written by Christopher Hayes, discussing examples of how meritocracy is exploited in modern America. He argues that there are many competing forces working within America that are causing the financial crisis, elite crisis, media crisis, and, what he sees as the most ...
In many ways, meritocracy is a core part of the American dream. Many believe that anyone, regardless of background or upbringing, can succeed through hard work.
The ancient Greek philosophers Plato and Aristotle debated economic equality. Painting by Raffaello Sanzio (1509). According to professor of politics Ed Rooksby, the concept of equality of outcome is an important one in disputes between different political positions, since equality has overall been seen as positive and an important concept that is "deeply embedded in the fabric of modern ...
[1] [2] The principle refers to free access to and distribution of goods, capital and services. [3] In the Marxist view , such an arrangement will be made possible by the abundance of goods and services that a developed communist system will be capable to produce; the idea is that, with the full development of socialism and unfettered ...
The Azoria 500 Meritocracy ETF will allow retail investors to vote with their portfolios and play a role in pressuring the nation’s largest companies to roll back diversity, equity and inclusion ...
Citizens making choices about their society are asked to make them from an "original position" of equality (left) behind a "veil of ignorance" (wall, center), without knowing what gender, race, abilities, tastes, wealth, or position in society they will have (right). Rawls claims this will cause them to choose "fair" policies.