Pattern-chaser wrote: ↑February 24th, 2025, 7:42 amI've taken a while to ponder how to answer this question. I guess the implication of a meritocracy is that an external observer can come in and independently observe how meritocratic it is. However, it has been my precise contention that no third party observer can come in and make this kind of judgement.Fried Egg wrote: ↑February 23rd, 2025, 4:15 pm Yes, that's what it should be about but it unfortunately isn't anymore. The concept of "Equal Pay" really should be about people's pay not reflecting arbitrary distinctions that are irrelevant to the job in question (i.e. race, sex, sexuality, etc.) It should not be about necessarily getting equal pay. This is because, in a truly meritocratic system, people's pay would reflect their productivity in the role. Just because two people share the same job description, it doesn't make them equally as productive.You believe a meritocratic system is what will benefit us most? I'm not necessarily arguing for anything different, I'm just questioning an obvious assumption that has just appeared, as if by magic.Is meritocracy what we need, or what we want?
To be clear, I'm an adherent of methodological subjectivism when it comes to economics. We try to quantify people's skills with standardised qualifications and measure their experience in years in order to help compare people applying for the same job, but each potential employer has their own frame of reference for making such decisions, and their own array of subjective preferences that vary from one person to the next. No independent observer can come in and categorically decide that an employer made the best decision possible in any given instance.
In a free market scenario, if an employer really refuses to employ certain people or pays them less than they are really worth (based on arbitrary characteristics not relevant to the job in question) we would expect that employer to pay a financial cost for this. They would be unnecessarily restricting their pool of available labour, or else losing them to competitors who realise their real worth. Hence the markets contain their own self correcting mechanism (that might take time to work itself out).
But, as I have said elsewhere, we should rarely expect to see perfectly proportionate outcomes and the persistence of statistical disparities does not mean that unfair discrimination persists.