> "- Many countries have enacted policies to increase proportion of people who get degrees. Far from fixing inequality, this has instead diluted the value of un

> "- Many countries have enacted policies to increase proportion of people who get degrees. Far from fixing inequality, this has instead diluted the value of university degrees." no, what it's done is uncover the hypocrisy of the meritocracy underlying western narrative--when university degrees were exclusive to the upper class white guys, degrees exhibited a "meritocratic distinction". naturally, only smart and capable people got degrees, not just people in a fiercely-defended and exclusive club. but when educational attainment became more wide-spread and democratic, the club moved on and abandoned the university degree as a useful in-group signal. economic value was with in-group membership, not in the degree itself, a decidedly unmeritocratic, and unequal, system. it's made this relationship more apparent, elucidating why inequality has persisted despite wider degree attainment.