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It's a meritocracy because anyone can grow up to be a banker. Edit: not 100% sure why this Got down voted but I was being serious. Meritocracy fits as long as
by alexgartrell 13y ago
It's a meritocracy because anyone can grow up to be a banker.
Edit: not 100% sure why this
Got down voted but I was being serious. Meritocracy fits as long as the basis of assignment is merit. Just because the system is broken doesn't mean it's not a meritocracy.
- enraged_camel 13y agoNot the kind of banker that makes up the aforementioned kleptocracy. I mean, we're talking about high-powered investment bankers. Those come almost exclusively from Ivy League schools, and it's definitely not the case that just about anyone can get into them.