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Page last updated at 10:28 GMT, Friday, 21 November 2008

Do we live in 'elite-led' society?

Is a meritocracy a good or bad thing? The word was coined 50 years ago by Michael Young. Now his son, Toby Young, believes we have something he's dubbed a celebritariat. Even those at the bottom of the social totem pole believe they can rise to the top because they see celebrities doing it. But David Goodhart, the editor of Prospect, disagrees.

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