> One might say meritocracy might lead to technological advances leading to economies of scale, but the solution to an increasing income/wealth gap would not be getting rid of meritocracy, but rather redistributing some of the wealth so as to provide a floor for quality of life and quality of opportunities (I would hope).
Yep, that's pretty much what I was trying to say, so my apologies if I wasn't clear. I think the "quality of opportunities" is also a very important point - I made the argument elsewhere that there is no reason for many of the top schools to have such small class sizes in the first place. There is no reason with their huge endowments that they couldn't increase their class sizes and still only admit highly qualified applicants. That's still a meritocracy, but just ensures the "winners" are not arbitrarily selected by making the cutoff so high that you're making random decisions about who to admit (e.g. all ten of these folks had perfect SAT scores but we'll let this guy in because he had a "better personality").
Yep, that's pretty much what I was trying to say, so my apologies if I wasn't clear. I think the "quality of opportunities" is also a very important point - I made the argument elsewhere that there is no reason for many of the top schools to have such small class sizes in the first place. There is no reason with their huge endowments that they couldn't increase their class sizes and still only admit highly qualified applicants. That's still a meritocracy, but just ensures the "winners" are not arbitrarily selected by making the cutoff so high that you're making random decisions about who to admit (e.g. all ten of these folks had perfect SAT scores but we'll let this guy in because he had a "better personality").