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This argument has been codified in the twentieth century as meritocracy, in which those on top in the process of capitalist accumulation have merited their position.

Immanuel Wallerstein
Argument, Century, Process
Immanuel Maurice Wallerstein (1995). “Capistalist Civilisation”, p.154, Verso
This argument has been codified in the twentieth century as meritocracy, in which those on top in the process of capitalist accumulation have merited their position.