One of the great advantages of America — and the one that has drawn so many people to our shores — is the opportunity our way of life affords to people who work hard, take risks and want to succeed financially. At its core, the nation has been, and to a large extent continues to be, a meritocracy.
To be more accurate, we have developed over the years into a benign meritocracy. We have social and government structures that funnel huge resources to helping those who need help in participating fully in our society. But, even so, much of our success as a nation and culture is due to the fact that people can succeed on their own initiative. We do not overly penalize those who accomplish this success, and we certainly do not vilify them.