4 ms·
A meritocracy is a type of government not an economy. Or possibly I don't understand your question.
by rustyconover 12y ago
A meritocracy is a type of government not an economy. Or possibly I don't understand your question.
- leovan 12y agoa meritocracy is a resource allocation system and functionally equivalent to an economy for considering your proposition that reputation based systems lead to bad allocations; i'm questioning that proposition.