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Meritocracy is a myth, a sweet lie we are told to make capitalism seem fair. But is this lie really all that sweet? Is meritocracy something good to strive for – or is it trash? This video will: 1. Discuss how belief in meritocracy is used to pacify, control, and manipulate us into supporting a system that is against our interests. 2. Present evidence that society is not a meritocracy: meritocracy is a myth. 3. Assert that the capitalist class makes money not by merit but by owning assets, and that profit gained from this ownership can be considered a legally protected form of theft. This is not a meritocracy but a kleptocracy. 4. Make the case that meritocracy, although it would be an improvement from our current society, is not a desirable goal to aspire to. It is capitalism’s version of utopia, but it is a dystopian utopia. 5. Present what I consider a preferable alternative to meritocracy, as described by Peter (Pyotr) Kropotkin in his book The Conquest of Bread (aka The Bread Book). ======================================================================= Would you like to help me and my channel? You can if you: like, comment, subscribe, hit the bell to turn on all notifications, and please also tell people about my channel. And if you think this video has an important message, help spread it by sharing the video. Thank you! ======================================================================= Say hi to me on twitter: / 1luckyblackcat ►►►Check out some of my other videos◄◄◄ ► The Seductive Power of the Right-wing Fantasy: Can We Break the Spell? • Is Rightwing Philosophy Like Cocaine? | [R... ► Blaming Black People (Ft. Ben Shapiro & Sargon of Akkad) • Blaming Black People (Ft. Ben Shapiro & Sa... ► Lies & Half-Truths on Escaping Poverty • Lies & Half-Truths on Escaping Poverty | [... ► Playlist • LuckyBlackCat Videos VIDEO SECTIONS 0:00 Introduction 0:17 Plutonomy: Citigroup’s Secret Memos 3:12 Part 1: The Meritocracy Myth is Pacifying 5:55 Part 2: Meritocracy is a Myth 9:31 Part 2.1: Merit and the Capitalist Class 11:39 Part 3: Meritocracy is Not Worth Having 26:30 Wrap-Up 27:40 Outro SOURCES Part 1 Citigroup’s secret memos: “Plutonomy: Buying Luxury, Explaining Global Imbalances” 16 Oct 2005 “Revisiting Plutonomy: The Rich Getting Richer” 5 Mar 2006 “The Plutonomy Symposium - Rising Tides, Lifting Yachts” 29 Sep 2006 Links to download all three memos https://pissedoffwoman.wordpress.com/... Part 2 Edward N. Wolff & Maury Gittleman, “Inheritances and the Distribution of Wealth - Or Whatever Happened to the Great Inheritance Boom?” US Bureau of Labor Statistics, Working Papers # 445, Jan 2011, Table 7 https://www.bls.gov/osmr/research-pap... Raj Chetty, et al. “IS THE UNITED STATES STILL A LAND OF OPPORTUNITY? RECENT TRENDS IN INTERGENERATIONAL MOBILITY.” National Bureau of Economic Research, Working Paper Series # 19844. Jan 2014 https://www.nber.org/papers/w19844 Matt Bruenig “What’s more important: a college degree or being born rich?” 13 Jun 2013 http://mattbruenig.com/2013/06/13/wha... Part 3 Pyotr Kropotkin, The Conquest of Bread. G. P. Putnam’s Sons, 1906 (original: 1892) https://theanarchistlibrary.org/libra... MUSIC CREDITS Winter (Vivaldi) Dance of the Sugar Plum Fairy (Tchaikovsky) In The Hall Of The Mountain King (Grieg) MydNyte (Noir Et Blanc Vie) Beyond (Patrick Patrikios) slow-trap-drums_104bpm (dMoney) samplefocus.com Entry Of The Gladiators (Julius Fucik) Boardroom Theme (Unicorn Heads) Connection (Wayne Jones) Epic Battle Speech (Wayne Jones) Sound Off Alert March (US Marine Band) MISC. CREDITS Video clip: George Carlin, Life Is Worth Losing Intro inspired by Michael Moore: Capitalism a Love Story Usually my main creative inspiration is ContraPoints but here I’m going for a style similar to Some More News or Last Week Tonight VISUAL CREDITS freepik.com pictures by drobotdean cookie_studio katemangostar vectorpocket 8photo starline freepik upklyak luis_molinero rawpixel.com Wikimedia Commons, Mwaldeck, Citibank_Rio_de_Janeiro.jpg https://creativecommons.org/licenses/... 4K Planet Earth Spinning in Space: Free HD Videos - No Copyright https://bit.ly/2CbkIcQ KEYWORD SEARCH TERMS meritocracy capitalism capitalist meritocracy myth pacify control manipulate class plutonomy plutocracy kleptocracy class struggle class conflict class war Kropotkin Conquest of Bread The Bread Book, LuckyBlackCat, Lucky Black Cat ► My YouTube channel means the world to me. I long for a world where we maximize wellbeing rather than maximize profit, and this channel is my attempt to contribute to our creating this brighter future. Any support you can give sharing videos or telling people about my channel is greatly appreciated.