Meritocracy Trap – LPE Project https://lpeproject.org The Law and Political Economy Project Fri, 01 Mar 2024 06:28:55 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://lpeproject.org/wp-content/uploads/2020/08/cropped-LPE_Favicon_512px_BlackBG-450x450.png Meritocracy Trap – LPE Project https://lpeproject.org 32 32 Labor vs. Capital: Continuing the Meritocracy Trap Debate https://lpeproject.org/blog/labor-vs-capital-continuing-the-meritocracy-trap-debate/ Thu, 14 May 2020 11:00:18 +0000 http://lpeblog.org/?p=3530 This post, an exchange between Andrew Hart, Marshall Steinbaum, and Daniel Markovits, continues their debate from our March 2020 series discussing The Meritocracy Trap. You can read all posts in the series here. *** It seems to us that the issue is not whether one places income in buckets labeled “capital” or “labor,” but rather what those particular buckets signify when it comes to extremely...

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]]> Are We Prisoners of Technological Fate? https://lpeproject.org/blog/are-we-prisoners-of-technological-fate/ Tue, 07 Apr 2020 07:00:30 +0000 https://lpeproject.org/?p=3412 This is the fourth post in our series discussing The Meritocracy Trap by Daniel Markovits. You can find all of the posts in the series here. *** The Meritocracy Trap’s account of the relationships among elite education, skill-biased technical change, and rising economic inequality is, in my mind, one of the book’s most important arguments, even as it is undoubtedly one of the least discussed.

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]]> Are the Rich Rentiers or Superordinate Workers? https://lpeproject.org/blog/are-the-rich-rentiers-or-superordinate-workers/ Mon, 06 Apr 2020 07:00:46 +0000 https://lpeproject.org/?p=3409 This is the third post in our series discussing The Meritocracy Trap by Daniel Markovits. Click here to read all posts in the series. I am grateful to the LPE Blog for hosting this exchange about The Meritocracy Trap. Today’s post will take up Hart’s and Steinbaum’s post and focus on facts, and tomorrow’s will turn to Gordon’s post and take up values. Hart and Steinbaum claim that The Meritocracy...

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]]> Guiding Innovation’s Hand: Industrial Policy Against Inequality https://lpeproject.org/blog/guiding-innovations-hand-industrial-policy-against-inequality/ Tue, 10 Mar 2020 07:00:35 +0000 https://lpeproject.org/?p=3335 This is the second post in our series discussing The Meritocracy Trap by Daniel Markovits. You can find all of the posts in the series here. *** Most of the critical attention directed at Daniel Markovits’s The Meritocracy Trap has focused on its claim that well-off parents launder inequality through schooling. While Markovits brings masterfully comprehensive reams of data to bear on the concept...

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]]> Liberate the Meritocrats—From Their Bosses https://lpeproject.org/blog/liberate-the-meritocrats-from-their-bosses/ Mon, 09 Mar 2020 07:00:00 +0000 https://lpeproject.org/?p=3322 This week, we share two posts discussing The Meritocracy Trap by Professor Daniel Markovits. In his 2019 book, Professor Markovits argues that meritocracy is a straightforward mechanism of class reproduction and wealth concentration—and that it is making life worse for everyone, elites included. The Meritocracy Trap has generated productive conversations about the causes and implications of wealth...

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