Last month, The Atlantic’s Megan McArdle published a piece on elite recruiting. The gist of her article, was looking at how early elite institutions accelerate careers–top consulting firms and banks receive massive numbers of applicants, and they use other elite institutions (primarily universities) as a filter for basically smart candidates.
Megan adroitly noted that:
The hardest thing about the meritocracy’s tyranny is that they’re not necessarily doing it on purpose. It’s just a convenient shorthand for a group of people who are really busy.