What’s wrong with the cultural elite? – FT.com

The key phrase here:

The meritocracy is becoming hereditary.

A robust economy must break hereditary dynasties to ensure new entrants and greater experimentation over time. Education and ease-of-access to information are the investments in opportunity most needed today.

Source: What’s wrong with the cultural elite?

Author: Mitch Ratcliffe

Mitch Ratcliffe is a veteran entrepreneur, journalist and business model hacker. He operates this site, which is a collection of the blogs he's published over the years, as well as an archive of his professional publishing record. As always, this is a work in progress. Such is life.

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