Anyone who hasn't read "Twilight of the Elites" and "Average is Over" should do so.
Winner-take-all society: http://prospect.org/article/talent-and-winner-take-all-socie...
The superstar effect: http://www.nytimes.com/2010/12/26/business/26excerpt.html?_r...
Non-stop retraining: http://www.nytimes.com/2012/09/22/business/to-stay-relevant-...
My personal preference would be to accept this as the new reality and give better societal supports to allow people to compete (as Twilight of the Elites makes clear, you need more equality of outcome to enable equality of opportunity vis a vis education, tutors, etc.) like debt-free college and retraining programs, GBI, a more comprehensive unemployment system, etc. Rather than trying to roll the clock back, we should instead embrace it and allow people who want to be part of the race to have the tools to compete, while allowing those who would rather not to step away without starving and becoming homeless.