The U.S. Is a Meritocracy. That Doesn’t Mean It’s Fair.
Jeff Bezos, founder and chief executive officer of Amazon.com Inc., laughs during a discussion at the Air Force Association’s Air, Space and Cyber Conference in National Harbor, Maryland, U.S. (Photographer: Andrew Harrer/Bloomberg)

The U.S. Is a Meritocracy. That Doesn’t Mean It’s Fair.

(Bloomberg Opinion) -- Much of the current debate about inherited wealth in a number of Western countries is informed by the notion that most of today’s top incomes are the product of passive retur...
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