How the Ivy League Broke America
Briefly

The ideal of the superior person in America shifted from wealthy, well-bred individuals to merit-based criteria, driven by figures like James Conant. Conant warned against the emergence of a 'hereditary aristocracy of wealth' that threatened democracy, advocating for meritocracy as a way to combat 'industrial feudalism.' Historically, social elite status was linked to appearance and connections rather than academic success, perpetuating privilege among a select few. The need for systemic change arises from the failures of the current meritocratic model.
Conant believed that American democracy was threatened by a 'hereditary aristocracy of wealth' and that capitalism risked becoming 'industrial feudalism.' He pushed for a merit-based system.
The social ideals of the past favored those who were socially connected over those who were academically accomplished, leading to privilege concentrated among a small elite.
Read at The Atlantic
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