All capital is vulnerable to confiscation and redistribution, to seizure in the name of fairness or popular will. Human capital is no exception. And for more than a decade, an intellectual campaign has been building for the confiscation of human capital. Once-closed professions, especially finance, law, politics, and national journalism, followed suit.
Every society has an elite.
Both its size and its attitude upset egalitarian social critics. It's another to have that same distribution of income rigorously based on schooling and skills. In the latter situation, those with more money will be able to claim not just that they have more money, but that they have something else, knowledge, that makes them more valuable. Market processes simply express the intersection of diverse tastes and scarce talents. Perhaps it' s simply too open.