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Revisiting The Meritocracy Debate With Adrian Wooldridge And Michael Sandel

Capitalisn't

CHAPTER

Is There a Morally Importance of Efficiency?

In your book, which is emphasized on the justice part, there's not a lot about the efficiency part. In fact, there is a quote from Ajax that I thought was interesting. That Ajax did not try to justify morally the system, but try to justify your efficiency. Luigi Hayek was against meritocracy. He said it was a confusion, politically and morally, to assume that the value people contribute to the economy is the measure of their merit or virtue.

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