The starting point for the chapter is a critique of meritocracy. Whilst many leftist analyses seek to critique and move beyond meritocracy by implicating social structures in the reproduction of inequality, this can lead to a re-shuffling of social positions rather than a fundamental transformation of social relations. The chapter locates the argument within a context of financialisation of capital, lodged under the sway of neo-liberalism. It addresses the re-composition of class through a consideration of youth, labour and precariousness, whereby class relations are being restructured. The result is that formerly more privileged sections of the youth labour market encounter increased insecurity and precariousness.