News for hackers. Stuff that matters.
Re:The 'glass floor' keeps the children of the rich at the top by JMTQp8lwXL on Tuesday October 15, 2019 @12:23PM (#21260234)
There will always be a place for meritocracy because, at lower levels of the employment ladder, someone competent will need to get something done in order to operate a profitable company.

You can't have straight incompetence from the C-suite down without eventually running a business into the ground.

Although family money gives unfair advantages, you can make a nice life for yourself and earn above the median wage through acquiring in-demand skills through the meritocratic system. It isn't perfect, but it at least gives those who don't come from money --which is by and large, most people-- a chance at a decent life.

Re:The 'glass floor' keeps the children of the rich at the top by danharaj on Tuesday October 15, 2019 @12:54PM (#21260667)
Another way of seeing it is that we are all denied a decent life unless we are competent and sell our competent labor to uphold a system that keeps idiots at the top.
Re:The 'glass floor' keeps the children of the rich at the top by JMTQp8lwXL on Tuesday October 15, 2019 @12:56PM (#21260698)
This supposes that all executive leadership is incompetent. That isn't the case. There are companies that, if you replaced the competent executives with idiots, the company would fall apart.
Re:The 'glass floor' keeps the children of the rich at the top by danharaj on Tuesday October 15, 2019 @01:01PM (#21260775)
#NotAllRulingClass
Re:The 'glass floor' keeps the children of the rich at the top by SolaceQuantum on Tuesday October 15, 2019 @12:57PM (#21260709)
"It isn't perfect, but it at least gives those who don't come from money --which is by and large, most people-- a chance at a decent life."

What are the chances at a decent life anyways? Is the chance a good one? What is the worth of a meritocracy if you do all the right things and stull only get a probability of a right life?

Re:The 'glass floor' keeps the children of the rich at the top by jimbokun on Tuesday October 15, 2019 @01:52PM (#21261475)
Well, you can just use the Roman approach, and buy an educated slave.