Speaker(s): Professor Daniel Markovits | Merit is not a genuine excellence but rather a pretence, constructed to rationalise an offensive distribution of advantage. Merit, in short, is a sham. The meritocratic ideal—that social and economic rewards should track achievement rather than breeding—anchors the self-image of the age. Aristocracy has had its day, and meritocracy is now a basic tenet of civil religion in all advanced societies. Meritocracy promises to promote equality and opportunity by opening a previously hereditary elite to outsiders, armed with nothing save their own talents and ambitions. But today, middle-class children lose out to rich children at school, and middle-class adults lose out to elite graduates at work. At the same time, meritocracy entices an anxious and inauthentic elite into a pitiless, lifelong contest to secure income and status through its own excessive industry. In spite of its promises, meritocracy in fact installs a new form of aristocracy, purpose-