It’s not a new concept. In Sociology, I believe this line of
thought is known as the Conflictarian Perspective (Correct me if
I’m wrong). Where because of the socio-economic situation of your
parents, you would find it hard to rise beyond that distinct social
class. In Singapore, they’ll say that with meritocracy, we have a
chance to elevate our social status, based upon the ‘merits’ we
contribute to society, irregardless of our standing social-economic
condition. In other words, there’s a presence of Social Mobility,
upon which many welfarist based states are criticized for sorely
lacking off.