Is the world economy meritocratic?

[Grands]

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.

 

[WWGD]

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....

 

[phyzguy]

The current world economy tends to reward those who were clever enough to choose rich parents.

 

[Mark44]

Thread closed. There is no "our economy" -- each country has its own economic policy.