The Meritocracy Trap

Daniel Markovits

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English

Penguin
17 November 2020

Poverty & unemployment; Social discrimination; Economics & Business; Labour economics; Economic history

A revolutionary argument from an eminent Yale Law professor, attacking the myth of meritocracy to show how it has caused today's political, economic, and psychological crises - and how we might escape its trap

Even in the midst of runaway economic inequality and dangerous social division, it remains an axiom of modern life that meritocracy reigns supreme and promises to open opportunity to all. The idea that reward should follow ability and effort is so entrenched in our psyche that, even as society divides itself at almost every turn, all sides can be heard repeating meritocratic notions. Meritocracy cuts to the heart of who we think we are.

But what if, both up and down the social ladder, meritocracy is a sham? Today, meritocracy has become exactly what it was conceived to resist- a mechanism for the concentration and dynastic transmission of wealth and privilege across generations. Upward mobility has become a fantasy, and the embattled middle classes are now more likely to sink into the working poor than to rise into the professional elite. At the same time, meritocracy now ensnares even those who manage to claw their way to the top, requiring rich adults to work with crushing intensity, exploiting their expensive educations in order to extract a return. All this is not the result of deviations or retreats from meritocracy but rather stems directly from meritocracy's successes.

This is the radical argument that The Meritocracy Trap prosecutes with rare force, comprehensive research, and devastating persuasion.

By: Daniel Markovits
Imprint: Penguin
Country of Publication: United Kingdom
Dimensions: Height: 196mm, Width: 130mm, Spine: 28mm
Weight: 320g
ISBN: 9780141984742
ISBN 10: 0141984740
Pages: 464
Publication Date: 17 November 2020
Audience: General/trade , Professional and scholarly , College/higher education , ELT Advanced , Undergraduate
Format: Paperback
Publisher's Status: Active

Daniel Markovits is Guido Calabresi Professor of Law at Yale Law School. He works in the philosophical foundations of private law, moral and political philosophy, and behavioral economics. He has written articles on contract, legal ethics, distributive justice, democratic theory, and other-regarding preferences.