Is the world economy meritocratic?

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  • #1
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Main Question or Discussion Point

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.
 

Answers and Replies

  • #2
WWGD
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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....
 
  • #3
phyzguy
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The current world economy tends to reward those who were clever enough to choose rich parents.
 
  • #4
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Thread closed. There is no "our economy" -- each country has its own economic policy.
 

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