
Wealth - Plutocratic London
Thinking Allowed
Oresee Dynastic Wealth Undermines the Idea of Meritocracy
We live in a society that broadly values meritocracy. But oresee dynastic wealth undermines that idea. It better describes what you might call a patrimonial society. Who your parents are or who you marry count more for your success than your part ation in the labour market.
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