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Episode #205 ... Why a meritocracy is corrosive to society. (Michael Sandel)

32 min episode · 2 min read

Episode

32 min

Read time

2 min

Topics

Fundraising & VC, Philosophy & Wisdom, Economics & Policy

AI-Generated Summary

Key Takeaways

  • Pride versus humility dialectic: Meritocratic thinking overemphasizes individual achievement while ignoring external factors like inflation, wage stagnation, and historical timing. This creates excessive pride in winners and undeserved shame in those struggling despite working hard.
  • Credential worship problem: The United States spends $162 billion annually on college subsidies versus $1 billion on trade schools, sending a message that only credentialed work has value. This devalues essential workers and distorts education into credential acquisition rather than civic wisdom.
  • Housing affordability comparison: In 1980, minimum wage workers spent 50% of income on rent. Today, college graduates earning $24 per hour spend 45% on rent, meaning graduates now have only 5% better housing situations than 1980s minimum wage workers had.
  • Social recognition inequality: The biggest inequality today is not purchasing power but social esteem. Societies need to restore dignity of work by recognizing that frontline workers without degrees contribute essential value, not just credentialed professionals in meritocratic warfare.

What It Covers

Michael Sandel argues that meritocracy corrodes society by making successful people feel entitled and struggling people feel humiliated, ignoring macroeconomic factors, historical circumstances, and luck that determine outcomes beyond individual effort.

Key Questions Answered

  • Pride versus humility dialectic: Meritocratic thinking overemphasizes individual achievement while ignoring external factors like inflation, wage stagnation, and historical timing. This creates excessive pride in winners and undeserved shame in those struggling despite working hard.
  • Credential worship problem: The United States spends $162 billion annually on college subsidies versus $1 billion on trade schools, sending a message that only credentialed work has value. This devalues essential workers and distorts education into credential acquisition rather than civic wisdom.
  • Housing affordability comparison: In 1980, minimum wage workers spent 50% of income on rent. Today, college graduates earning $24 per hour spend 45% on rent, meaning graduates now have only 5% better housing situations than 1980s minimum wage workers had.
  • Social recognition inequality: The biggest inequality today is not purchasing power but social esteem. Societies need to restore dignity of work by recognizing that frontline workers without degrees contribute essential value, not just credentialed professionals in meritocratic warfare.

Notable Moment

The term meritocracy originated in a 1958 dystopian novel where a merit-based society leads to violent populist uprising in 2034, as citizens felt betrayed by elites who dismissed their contributions and blamed them for struggling.

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Episode Transcript

Hello, everyone. I'm Stephen West. This is Philosophize This. Thanks to the people that do all the things that support the show. So last episode was all about the importance of participating in a democracy, taking responsibility, having the sometimes tough conversations with each other that eventually make up the norms of the societies we live in. And if you wanted an example of one of these norms, a social ideal that Sandel thinks we'd benefit a lot from if we talked about it more, How about an ideal that drives the way we think about a lot of things in Western culture that what we should be aiming for is a society based on the concept of a meritocracy or a system where the rewards of a society are distributed based on who's the most talented, who works the hardest, and who's the most qualified for the job. And a true meritocracy, you could say, talented, hardworking, qualified people would be the ones that are the most socially rewarded. Everybody knows this is a common way that people wish our societies could be set up. And Michael Sandel, in his 2020 book called The Tyranny of Merit, is gonna question whether that's actually a good way to be giving recognition in a society. And before we get into his critique, one thing needs to be acknowledged here right at the start, I think. Well, Well, I guess a question that needs to be asked here is why would anybody wanna do it in a different way? Why would anybody want the incentives of their society set up in any way that doesn't primarily reward these people? I mean, when I need a heart surgery, for example, I want the best possible surgeon you can find. You know? I don't want some man or woman that, you know, they've seen every episode of Grey's Anatomy or MASH. As Sandell says, when you're on a flight, you want the pilot that's the most qualified to be flying the plane. I mean, seriously, what else are people really even making a case for here? We don't want a society where people are incentivized to sit on the couch all day, complain, and then expect to get the same outcomes as everyone else. Nobody wants a society like that. We need people doing great things. Everybody benefits from people provide value to the world, and we want things set up in a way where the people that work hard are rewarded over the people that didn't apply themselves. We want a situation where if somebody is the best for the job, they get the job and are not held back by some immutable thing that they happen to be born with. I mean, we've seen nepotism and prejudice be the selection method throughout history. What society doesn't wanna do away with all that and pave the way as much as we can for the people with the most merit to rise to the …

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