Is the world economy meritocratic?

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Discussion Overview

The discussion revolves around the question of whether the world economy operates in a meritocratic manner, specifically examining if it rewards individuals based on their merits and penalizes those deemed undeserving. The scope includes theoretical perspectives on economic systems and meritocracy.

Discussion Character

  • Debate/contested

Main Points Raised

  • One participant questions the principles and standards used to determine who deserves wealth, suggesting that responses will vary significantly based on political beliefs.
  • Another participant argues that the current world economy primarily rewards individuals based on their familial wealth, implying a lack of true meritocracy.
  • A later post asserts that the concept of "our economy" is misleading, as economic policies differ greatly between countries.

Areas of Agreement / Disagreement

Participants express differing views on the meritocratic nature of the economy, with no consensus reached on the principles of merit or the impact of familial wealth.

Contextual Notes

The discussion highlights the complexity of defining meritocracy and the influence of political ideologies on perceptions of economic fairness. There is an acknowledgment of varying economic policies across different countries, which complicates the discussion.

Grands
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As in the title, I'm curious to know if in you opinion our economy work in a meritocratic way, promoting people that deserve wealthy and penalize who doesn't deserve nothing ?

Thanks.
 
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Deserve something/nothing based on what principles? What standards do you set for who deserves or not something? You will get 5 answers for every 3 people you ask. At least three depending on whether you are Liberal, Conservative, Libertarian. Then it breaks down further...
 
The current world economy tends to reward those who were clever enough to choose rich parents.
 
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Thread closed. There is no "our economy" -- each country has its own economic policy.
 

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