How can "merited economic brackets" span generations?
70 years ago college was only for the elite. Today close to half of young adults go to college. Yet that didn't fix anything.
Just below is my response to someone else, and the point there is just as relevant as here: https://news.ycombinator.com/item?id=29537081
If the children of an astronomer really do turn out to be the best astronomers, then a meritocracy should theoretically allow them to become the best astronomers in the next generation.
But they do not get to be the astronomers JUST because they had a parent who was good at that. Every generation gets a reset; if genetics really do predict merit, then sure, the arrangement will look a bit like ancestry.