Ivan Krastev: FootnoteIvan Krastev on security and foreign policy matters. Title: Confused and Frustrated
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What is wrong with meritocracy? Why is the modern meritocratic elite trusted less than the old establishment? Why, as we have made our institutions more meritocratic, has their public standing plummeted? David Brooks asked all these uneasy questions in a recent column in The New York Times, and offered some answers: Our idea of meritocracy is based on a narrow definition of talent; people are less connected to the leadership class today than yesterday; the elite’s solidarity is weaker; the time horizon of the elites has shortened; and society has become dangerously transparent. Some of Brooks’ arguments can come as a surprise to his fellow commentators. mindy bricker
Comments:
Goran Buldioski
March 5, 2010 09:14:33 AM
Ivan, this is a very important subject to be discussed today. In my opinion meritocracy needs to be decomposed and properly looked from within. Why people lost their belief in meritocracy?
Let's observe one special cast of self-ascribed proponents and practitioners of meritocracy - economists (please do not read this as me bashing upon economists, actually I do not have anything against the discipline).
Very few professions have been faced with similar vigorous attacks and were discredited such as the economists were in the last two years. The world financial crisis has exposed many cracks in some of the theoretical concepts, but most importantly it has undermined the foundation of the ‘meritocracy’ in the economic profession (bankers, governmental advisor and alike). When one reads economic, both academic and popular, literature in the last five years, one could find enough warnings about the recklessness of the supposedly business oriented behavior of the banks/investors and ‘meritocratic’ and financially savvy performance of many governments. Actually, there are enough arguments made before the economic crisis (e.g. Fixing Global Finance by Martin Wolf just as an example from the popular literature ) that questions whether the governance has been ‘meritocratic’ at all. We only now learn that some of this governance, despite all the regressions and statistics, has been based either on ideology, completely wrong/greedy models or both. Some of the policies of the ‘meritocratic governance’ resulted in what could have been outcomes of populists’ governance: private gains, socialized losses, losses on wrongly hedged bets, policy that led to losing many jobs, unattainable growth models and disillusioned followers.
So if the outcomes are not so different from what could have been result of reckless populists’ governance, why meritocracy and its proponents should be better treated by the masses? Eventually, for many people in developed world, middle class included, life is all about jobs, comfort and personal growth. Not many people would muse on the reasons but loathe the consequences of bad policies and consequently punish its originators. The problem and challenge is that this does not bring the world any better.
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