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What is credentialism?

What is credentialism? Here are some definitions.

Noun
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Even in the era of fast tracks and credentialism, the psychic mechanisms of an education are mysterious.
In higher education, she perceives a turning away from learning in favor of credentialism.
It's a great trait if you're an employer looking to fill your ranks with obedient cogs, not so great if you want to end crass credentialism.
This credentialism culture is so strong that companies may allow their employees to take educational leave without pay or even with pay.
As someone who's been essentially self taught in most academic fields, I find the increasing credentialism very loathsome.
In some occupations at least, the creep of credentialism is due to our legal system and those masters of hindsight, lawyers.

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