
MAIN IDEA:
This book defines meritocracy this way:” A meritocratic society combines four qualities which are each in themselves admirable. First, it prides itself on the extent to which people can get ahead in life on the basis of their natural talents. Second, it tries to secure equality of opportunity by providing education for all. Third, it forbids discrimination on the basis of race and sex and other irrelevant characteristics. Fourth, it awards jobs through open competition rather than patronage and nepotism.”
The book then reviews the history of ideas that promote the meritocratic society and the success of these ideas in creating contemporary Western societies and their democratic forms. However, it also reviews the current growing crisis of meritocracy and its slow conversion into the new aristocracy that depends more on the inheritance of genes and wealth than on the results of individual actions. Finally, it discusses the ongoing revolt against meritocracy from the left and the right, stressing the need to find ways to retain this resource allocation method.

MY TAKE ON IT:
My attitude to meritocracy is simple: as long as it is real, it is the best way to allocate power and control over resources. However, my philosophy is that the power of some people over others has to be minimized to the lowest level possible, at least to the extent that everybody has enough to pursue whatever objectives they desire. Whether these objectives are limited to enjoying one’s life or include some grandiose goals is not essential. What is critical is that pursuing these goals involved only voluntary interactions with others, which means the market, and excluded coercive interactions, which means robbery, violence, and government interventions. Consequently, the meritocracy would work via practical consequences of individual actions rather than via formal evaluation of an individual’s abilities. Minimizing violence and government use would automatically lead to selecting the best people for obtaining good results rather than the best people for getting high grades.