Commentary on China's social credit system so often fails to note the many parallels in western societies. * The West has social credit scoring: money. A key principle of market economies is that accruing money is the just reward for contributing to society. Your bank account is your social credit score - yet we all know that many people get rich without rendering a useful service to society. * Intelligence agencies…
China obviously utilizes currency and a (very) limited free market. There has never been an alignment between wealth and social value, nor should there be. Yes, wealth creates inequality in the United States (in particular) and other more free-market oriented countries. Some of those countries (particularly Scandinavian ones) have taken great pains to see that actual suffering due to wealth inequality is minimized. The United States is culturally behind in this regard, but equating wealth with an explicit citizenship score is absurd.
Intelligence agencies do not keep security risk scores for every citizen (what country are you talking about, anyway?). I would wager at 10:1 odds that I don't have a profile at the FBI, CIA, or NSA in the United States (to be concrete). Even if they did (they don't) there are no legal uses of such a score, and any attempt to institutionalize something like that would have people rioting in the streets (literally). If I wanted to discover whether or not I had a "score" I would file a FOIA claim for each of those institutions.
Credit ratings are heavily regulated in the United States. Not as well as they could be, but see the Fair Credit Reporting Act from 1970 for a start. Credit reporting agencies are required to be transparent about the sources of their decisions, and hopefully we'll continue to make the system more predictable and humane. The uses of credit ratings are generally limited to situations where having a history of default is important information to a lender or renter. The colleges you applied to didn't, and won't, use your credit score.
Please try to communicate using specifics.