OK, I’m at the end of my tether with this. There are a few similar questions but they all refer to therubyracer 0.10, and they mostly conclude that the problem can be fixed by u
It could be that rubygems is fetching the wrong binaries for your system.
Diagnosis:
gem env platform to 'Kernel Version' under > About This Mac > System Report > SoftwareKernel Version: 14.4.0 and x86_64-darwin-12) then RubyGems is grabbing the wrong version of therubyracer and libv8 for your systemFix:
bundle update therubyracer --platform=x86_64-darwin-14