Meritocracy And Economic Inequality

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Meritocracy and Economic Inequality

Kenneth Arrow,Samuel Bowles,Steven N. Durlauf
Meritocracy and Economic Inequality Book PDF

Author : Kenneth Arrow,Samuel Bowles,Steven N. Durlauf
Publisher : Princeton University Press
Page : 367 pages
File Size : 51,9 Mb
Release : 2018-06-26
Category : Business & Economics
ISBN : 9780691190334

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Meritocracy and Economic Inequality by Kenneth Arrow,Samuel Bowles,Steven N. Durlauf Pdf

Most Americans strongly favor equality of opportunity if not outcome, but many are weary of poverty's seeming immunity to public policy. This helps to explain the recent attention paid to cultural and genetic explanations of persistent poverty, including claims that economic inequality is a function of intellectual ability, as well as more subtle depictions of the United States as a meritocracy where barriers to achievement are personal--either voluntary or inherited--rather than systemic. This volume of original essays by luminaries in the economic, social, and biological sciences, however, confirms mounting evidence that the connection between intelligence and inequality is surprisingly weak and demonstrates that targeted educational and economic reforms can reduce the income gap and improve the country's aggregate productivity and economic well-being. It also offers a novel agenda of equal access to valuable associations. Amartya Sen, John Roemer, Robert M. Hauser, Glenn Loury, Orley Ashenfelter, and others sift and analyze the latest arguments and quantitative findings on equality in order to explain how merit is and should be defined, how economic rewards are distributed, and how patterns of economic success persist across generations. Moving well beyond exploration, they draw specific conclusions that are bold yet empirically grounded, finding that schooling improves occupational success in ways unrelated to cognitive ability, that IQ is not a strong independent predictor of economic success, and that people's associations--their neighborhoods, working groups, and other social ties--significantly explain many of the poverty traps we observe. The optimistic message of this beautifully edited book is that important violations of equality of opportunity do exist but can be attenuated by policies that will serve the general economy. Policy makers will read with interest concrete suggestions for crafting economically beneficial anti-discrimination measures, enhancing educational and associational opportunity, and centering economic reforms in community-based institutions. Here is an example of some of our most brilliant social thinkers using the most advanced techniques that their disciplines have to offer to tackle an issue of great social importance.

The Meritocracy Trap

Daniel Markovits
The Meritocracy Trap Book PDF

Author : Daniel Markovits
Publisher : Penguin
Page : 450 pages
File Size : 45,9 Mb
Release : 2019-09-10
Category : Social Science
ISBN : 9780735222007

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The Meritocracy Trap by Daniel Markovits Pdf

A revolutionary new argument from eminent Yale Law professor Daniel Markovits attacking the false promise of meritocracy It is an axiom of American life that advantage should be earned through ability and effort. Even as the country divides itself at every turn, the meritocratic ideal – that social and economic rewards should follow achievement rather than breeding – reigns supreme. Both Democrats and Republicans insistently repeat meritocratic notions. Meritocracy cuts to the heart of who we are. It sustains the American dream. 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 Daniel Markovits prosecutes with rare force. Markovits is well placed to expose the sham of meritocracy. Having spent his life at elite universities, he knows from the inside the corrosive system we are trapped within. Markovits also knows that, if we understand that meritocratic inequality produces near-universal harm, we can cure it. When The Meritocracy Trap reveals the inner workings of the meritocratic machine, it also illuminates the first steps outward, towards a new world that might once again afford dignity and prosperity to the American people.

Higher Education, Meritocracy and Inequality in China

Ye Liu
Higher Education Meritocracy and Inequality in China Book PDF

Author : Ye Liu
Publisher : Springer
Page : 221 pages
File Size : 40,7 Mb
Release : 2016-10-08
Category : Education
ISBN : 9789811015885

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Higher Education, Meritocracy and Inequality in China by Ye Liu Pdf

This book investigates the changing opportunities in higher education for different social groups during China’s transition from the socialist regime to a market economy. The first part of the book provides a historical and comparative analysis of the development of the idea of meritocracy, since its early origins in China, and in more recent western thought. The second part then explores higher education reforms in China, the part played by supposedly meritocratic forms of selection, and the implications of these for social mobility. Based on original empirical data, Ye Liu sheds light on the socio-economic, gender and geographical inequalities behind the meritocratic façade of the Gaokao (高考). Liu argues that the Chinese philosophical belief in education-based meritocracy had a modern makeover in the Gaokao, and that this ideology induces working-class and rural students to believe in upward social mobility through higher education. When the Gaokao broke the promise of status improvement for rural students, they turned to the Chinese Communist Party and sought political connections by actively applying for its membership. This book reveals a bleak picture of visible and invisible inequality in terms of access to and participation in higher education in contemporary China. Written in an accessible style, it offers a valuable resource for researchers and non-specialist readers alike.

Justice and the Meritocratic State

Thomas Mulligan
Justice and the Meritocratic State Book PDF

Author : Thomas Mulligan
Publisher : Routledge
Page : 238 pages
File Size : 45,9 Mb
Release : 2017-12-12
Category : Philosophy
ISBN : 9781351980777

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Justice and the Meritocratic State by Thomas Mulligan Pdf

Like American politics, the academic debate over justice is polarized, with almost all theories of justice falling within one of two traditions: egalitarianism and libertarianism. This book provides an alternative to the partisan standoff by focusing not on equality or liberty, but on the idea that we should give people the things that they deserve. Mulligan sets forth a theory of economic justice—meritocracy—which rests upon a desert principle and is distinctive from existing work in two ways. First, meritocracy is grounded in empirical research on how human beings think, intuitively, about justice. Research in social psychology and experimental economics reveals that people simply don’t think that social goods should be distributed equally, nor do they dismiss the idea of social justice. Across ideological and cultural lines, people believe that rewards should reflect merit. Second, the book discusses hot-button political issues and makes concrete policy recommendations. These issues include anti-meritocratic bias against women and racial minorities and the United States’ widening economic inequality. Justice and the Meritocratic State offers a new theory of justice and provides solutions to our most vexing social and economic problems. It will be of keen interest to philosophers, economists, and political theorists.

The Meritocracy Myth

Stephen J. McNamee
The Meritocracy Myth Book PDF

Author : Stephen J. McNamee
Publisher : Rowman & Littlefield Publishers
Page : 297 pages
File Size : 55,8 Mb
Release : 2009-08-16
Category : Social Science
ISBN : 9780742599772

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The Meritocracy Myth by Stephen J. McNamee Pdf

The Meritocracy Myth challenges the widely held American belief in meritocracyOCothat people get out of the system what they put into it based on individual merit. Fully revised and updated throughout, the second edition includes compelling new case studies, such as the impact of social and cultural capital in the cases of George W. Bush and Barack Obama, and new material on current topics such as the impact of the financial and credit crisis, intergenerational mobility, and the impact of racism and sexism. The Meritocracy Myth examines talent, attitude, work ethic, and character as elements of merit and evaluates the effect of non-merit factors such as social status, race, heritage, and wealth on meritocracy. A compelling book on an often-overlooked topic, first edition was highly regarded and proved a useful examination of this classic American ideal.

Success and Luck

Robert H. Frank
Success and Luck Book PDF

Author : Robert H. Frank
Publisher : Princeton University Press
Page : 208 pages
File Size : 43,7 Mb
Release : 2016-04-19
Category : Business & Economics
ISBN : 9781400880270

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Success and Luck by Robert H. Frank Pdf

From New York Times bestselling author and economics columnist Robert Frank, a compelling book that explains why the rich underestimate the importance of luck in their success, why that hurts everyone, and what we can do about it How important is luck in economic success? No question more reliably divides conservatives from liberals. As conservatives correctly observe, people who amass great fortunes are almost always talented and hardworking. But liberals are also correct to note that countless others have those same qualities yet never earn much. In recent years, social scientists have discovered that chance plays a much larger role in important life outcomes than most people imagine. In Success and Luck, bestselling author and New York Times economics columnist Robert Frank explores the surprising implications of those findings to show why the rich underestimate the importance of luck in success—and why that hurts everyone, even the wealthy. Frank describes how, in a world increasingly dominated by winner-take-all markets, chance opportunities and trivial initial advantages often translate into much larger ones—and enormous income differences—over time; how false beliefs about luck persist, despite compelling evidence against them; and how myths about personal success and luck shape individual and political choices in harmful ways. But, Frank argues, we could decrease the inequality driven by sheer luck by adopting simple, unintrusive policies that would free up trillions of dollars each year—more than enough to fix our crumbling infrastructure, expand healthcare coverage, fight global warming, and reduce poverty, all without requiring painful sacrifices from anyone. If this sounds implausible, you'll be surprised to discover that the solution requires only a few, noncontroversial steps. Compellingly readable, Success and Luck shows how a more accurate understanding of the role of chance in life could lead to better, richer, and fairer economies and societies.

The Tyranny of Merit

Michael J. Sandel
The Tyranny of Merit Book PDF

Author : Michael J. Sandel
Publisher : Farrar, Straus and Giroux
Page : 288 pages
File Size : 51,6 Mb
Release : 2020-09-15
Category : Political Science
ISBN : 9780374720995

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The Tyranny of Merit by Michael J. Sandel Pdf

A Times Literary Supplement’s Book of the Year 2020 A New Statesman's Best Book of 2020 A Bloomberg's Best Book of 2020 A Guardian Best Book About Ideas of 2020 The world-renowned philosopher and author of the bestselling Justice explores the central question of our time: What has become of the common good? These are dangerous times for democracy. We live in an age of winners and losers, where the odds are stacked in favor of the already fortunate. Stalled social mobility and entrenched inequality give the lie to the American credo that "you can make it if you try". The consequence is a brew of anger and frustration that has fueled populist protest and extreme polarization, and led to deep distrust of both government and our fellow citizens--leaving us morally unprepared to face the profound challenges of our time. World-renowned philosopher Michael J. Sandel argues that to overcome the crises that are upending our world, we must rethink the attitudes toward success and failure that have accompanied globalization and rising inequality. Sandel shows the hubris a meritocracy generates among the winners and the harsh judgement it imposes on those left behind, and traces the dire consequences across a wide swath of American life. He offers an alternative way of thinking about success--more attentive to the role of luck in human affairs, more conducive to an ethic of humility and solidarity, and more affirming of the dignity of work. The Tyranny of Merit points us toward a hopeful vision of a new politics of the common good.

The Meritocracy Trap

Daniel Markovits
The Meritocracy Trap Book PDF

Author : Daniel Markovits
Publisher : Penguin UK
Page : 360 pages
File Size : 42,5 Mb
Release : 2019-09-10
Category : Business & Economics
ISBN : 9780241289921

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The Meritocracy Trap by Daniel Markovits Pdf

'This book flips your world upside down. Daniel Markovits argues that meritocracy isn't a virtuous, efficient system that rewards the best and brightest. Instead it rewards middle-class families who can afford huge investments in their children's education ... Frightening, eye-opening stuff' The Times, Books of the Year 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. Daniel Markovits, a law professor trained in philosophy and economics, is better placed than most to puncture one of the dominant ideas of our age. Having spent his life at elite universities, he knows from the inside the corrosive system we are trapped within, as well as how we can take the first steps towards a world that might afford us both prosperity and dignity.

The 9.9 Percent

Matthew Stewart
The 9 9 Percent Book PDF

Author : Matthew Stewart
Publisher : Simon and Schuster
Page : 352 pages
File Size : 47,9 Mb
Release : 2022-10-11
Category : History
ISBN : 9781982114190

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The 9.9 Percent by Matthew Stewart Pdf

"A trenchant analysis of how the wealthiest 9.9 percent of Americans -- those just below the tip of the wealth pyramid -- have exacerbated the growing inequality in our country and distorted our social values"--

The Myth of Meritocracy

James Bloodworth
The Myth of Meritocracy Book PDF

Author : James Bloodworth
Publisher : Biteback Publishing
Page : 80 pages
File Size : 49,6 Mb
Release : 2016-05-19
Category : Political Science
ISBN : 9781785900761

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The Myth of Meritocracy by James Bloodworth Pdf

The best jobs in Britain today are overwhelmingly done by the children of the wealthy. Meanwhile, it is increasingly difficult for bright but poor kids to transcend their circumstances. This state of affairs should not only worry the less well-off. It hurts the middle classes too, who are increasingly locked out of the top professions by those from affluent backgrounds. Hitherto, Labour and Conservative politicians alike have sought to deal with the problem by promoting the idea of 'equality of opportunity'. In politics, social mobility is the only game in town, and old socialist arguments emphasising economic equality are about as fashionable today as mullets and shell suits. Yet genuine equality of opportunity is impossible alongside levels of inequality last seen during the 1930s. In a grossly unequal society, the privileges of the parents unfailingly become the privileges of the children. A vague commitment from our politicians to build a 'meritocracy' is not enough. Nor is it desirable: a perfectly stratified meritocracy, in which everyone knew their station based on 'merit', would be a deeply unpleasant place to live. Any genuine attempt to improve social mobility must start by reducing the gap between rich and poor. PROVOCATIONS is a groundbreaking new series of short polemics composed by some of the most intriguing voices in contemporary culture and edited by Yasmin Alibhai-Brown. Sharp, intelligent and controversial, Provocations provides insightful contributions to the most vital discussions in society today.

Understanding Inequality: Social Costs and Benefits

Amanda Machin,Nico Stehr
Understanding Inequality Social Costs and Benefits Book PDF

Author : Amanda Machin,Nico Stehr
Publisher : Springer
Page : 427 pages
File Size : 55,7 Mb
Release : 2016-04-14
Category : Social Science
ISBN : 9783658116637

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Understanding Inequality: Social Costs and Benefits by Amanda Machin,Nico Stehr Pdf

The contributions in this book highlight, contextualize and analyze different aspects of social inequality. What are the various cause and effects of inequality? How have these changed over recent decades? Which social policies might be best able to intervene? Written by authors from a variety of disciplines and geographical regions, these contributions provide a rich account of inequality within contemporary society. The role of the state, the media and the market in exacerbating and alleviating patterns of equality are all accessed alongside analysis of changing patterns of exclusion and hierarchy.

The Undeserving Rich

Leslie McCall
The Undeserving Rich Book PDF

Author : Leslie McCall
Publisher : Cambridge University Press
Page : 319 pages
File Size : 55,9 Mb
Release : 2013-03-29
Category : Political Science
ISBN : 9781107355231

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The Undeserving Rich by Leslie McCall Pdf

It is widely assumed that Americans care little about income inequality, believe opportunities abound, admire the rich, and dislike redistributive policies. Leslie McCall contends that such assumptions are based on both incomplete survey data and economic conditions of the past and not present. In fact, Americans have desired less inequality for decades, and McCall's book explains why. Americans become most concerned about inequality in times of inequitable growth, when they view the rich as prospering while opportunities for good jobs, fair pay and high quality education are restricted for everyone else. As a result, they favor policies to expand opportunity and redistribute earnings in the workplace, reducing inequality in the market rather than redistributing income after the fact with tax and spending policies. This book resolves the paradox of how Americans can express little enthusiasm for welfare state policies and still yearn for a more equitable society, and forwards a new model of preferences about income inequality rooted in labor market opportunities rather than welfare state policies.

Equalities

Douglas W. Rae,Douglas Yates
Equalities Book PDF

Author : Douglas W. Rae,Douglas Yates
Publisher : Harvard University Press
Page : 238 pages
File Size : 41,8 Mb
Release : 1981
Category : Political Science
ISBN : 0674259807

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Equalities by Douglas W. Rae,Douglas Yates Pdf

Discusses the nature of equality and looks at examples related to medical care, employment, political rights and religion.

The Return of Inequality

Mike Savage
The Return of Inequality Book PDF

Author : Mike Savage
Publisher : Harvard University Press
Page : 449 pages
File Size : 46,9 Mb
Release : 2021-05-18
Category : Social Science
ISBN : 9780674259645

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The Return of Inequality by Mike Savage Pdf

A pioneering book that takes us beyond economic debate to show how inequality is returning us to a past dominated by empires, dynastic elites, and ethnic divisions. The economic facts of inequality are clear. The rich have been pulling away from the rest of us for years, and the super-rich have been pulling away from the rich. More and more assets are concentrated in fewer and fewer hands. Mainstream economists say we need not worry; what matters is growth, not distribution. In The Return of Inequality, acclaimed sociologist Mike Savage pushes back, explaining inequality’s profound deleterious effects on the shape of societies. Savage shows how economic inequality aggravates cultural, social, and political conflicts, challenging the coherence of liberal democratic nation-states. Put simply, severe inequality returns us to the past. By fracturing social bonds and harnessing the democratic process to the strategies of a resurgent aristocracy of the wealthy, inequality revives political conditions we thought we had moved beyond: empires and dynastic elites, explosive ethnic division, and metropolitan dominance that consigns all but a few cities to irrelevance. Inequality, in short, threatens to return us to the very history we have been trying to escape since the Age of Revolution. Westerners have been slow to appreciate that inequality undermines the very foundations of liberal democracy: faith in progress and trust in the political community’s concern for all its members. Savage guides us through the ideas of leading theorists of inequality, including Marx, Bourdieu, and Piketty, revealing how inequality reimposes the burdens of the past. At once analytically rigorous and passionately argued, The Return of Inequality is a vital addition to one of our most important public debates.

Road Companion to Democracy and Meritocracy

Godfrey B. Tangwa
Road Companion to Democracy and Meritocracy Book PDF

Author : Godfrey B. Tangwa
Publisher : African Books Collective
Page : 264 pages
File Size : 41,5 Mb
Release : 2010
Category : Political Science
ISBN : 9789956616701

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Road Companion to Democracy and Meritocracy by Godfrey B. Tangwa Pdf

The Essays Are Centered On The Theme Of Democracy And Meritocracy Which The Author Believes To Be The Preconditions For Genuine Development In Africa. The Immediate Focus Of These Essays Is Cameroon, A Country Remarkable For Experimenting With French/English Bilingualism And For Having A Political Dictatorship Which Claims, Wrongly Or Rightly, To Have Transformed Itself Into A Democracy; But They Are Equally Relevant To Other Countries In Africa And Beyond. Each Of The Essays Stands Alone But They All Are Telling Various Aspects Of The Same Story From Various Angles At Various Times Using Different Modes Of Expression. --Book Jacket.