Meritocracy vs. Technocracy

The discussion highlights the transformation of meritocracy into a technocracy, where an elite class seeks to reshape society according to their vision. Mistakes in governance, such as those seen during the market crisis, are often misattributed to free markets, while the real issues stem from government interference. The belief that merit alone should dictate success is challenged by the current trend of elite management, which complicates the original intent of meritocracy.