In “The Meritocracy Trap”, Yale Law Professor Daniel Markovits writes about the history of work and education in modern America. He asserts that Aristocratic dynasties based on land have been overtaken by meritocratic dynasties. The transfer of wealth in meritocratic dynasties has been facilitated through education.
Markovits states that education has become the labour market’s preferred sorting mechanism for class. “Education maps the fault line that separates workers in the newly polarized labour market.”
In the mid-twentieth century many workers were groomed from entry level positions to eventually take on leadership roles. However, nowadays “elite education has displaced continuous workplace . . . [more]