But in the new aristocracy, it is rarely enough to just get born to the right parents; you also have to work very hard. �(Higher earning men are now more likely to work more than 50 hours a week than are men in lower earnings quintiles.) �Whatever the systemic injustices, it’s also quite clear to everyone . . . even parasitic leeches of investment bankers . . . that their salaries only come as the result of frantic effort. �
via The Tyranny of Meritocracy – Megan McArdle – Business – The Atlantic.
Advertisement