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This article seems to misunderstand the definition of merit as something related to education or money. In a true meritocracy your standing is based on your va
by hnal943 14y ago
This article seems to misunderstand the definition of merit as something related to education or money. In a true meritocracy your standing is based on your value to others. If you do valuable work, the market rewards you. If not, then not. In capitalism, the market decides what is valuable; it seems to be pretty efficient at it.