Noblesse Oblige
en.wikipedia.org
en.wikipedia.org
So too with meritocracy:
If meritocrats believe, as more and more of them are encouraged to, that their advancement comes from their own merits, they can feel they deserve whatever they can get.
They can be insufferably smug, much more so than the people who knew they had achieved advancement not on their own merit but because they were, as somebody's son or daughter, the beneficiaries of nepotism. The newcomers can actually believe they have morality on their side.
https://www.theguardian.com/politics/2001/jun/29/comment
Either justification is cognitive dissonance at work as humans try to rationalize injustice. At least a meritocratic system theoretically provides more people access to riches.
Arguably, while globalism may have some upsides, one of its biggest downsides is that the most powerful people have very little skin in the game at all.
Incidentally, as it turns out, people are social in nature and thus contribution to the common good (when it is truly such in keeping with one's own good) is by definition common. Thus, what Taleb is talking about is the narrow understanding of the common good. A "powerful" person who doesn't give a crap about the common good and actually does harm to it is actually harming himself by harming the society he is a part of. Taleb is suggesting that we deal with such people in positions of authority by working to entwine their interests (monetary, in his case) with the interests of others.
Do you know why we are called lords, why we have golden chains and earthly property and are held in greater esteem than others? Because when king and sovereign, country and realm have need, then we must ward against the enemies of the land, protect and shield with all our powers and possessions our fatherland, so that our subjects may live and exist in peace and quietude. Yea, if we wish the sweet, we must also take the sour
No empty words, those. Trolle died from injuries sustained in a naval battle, refusing treatment until his men had been looked after. The past does have its moments.