True meritocracy results in a lot of stability due to high heritability of human capital traits (per Clark). Overall, seems that the world is quite just in the meritocratic sense, and the socialists can rejoice -- life is good under capitalism!
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True meritocracy results in a lot of stability due to high heritability of human capital traits (per Clark). Overall, seems that the world is quite just in the meritocratic sense, and the socialists can rejoice -- life is good under capitalism!
