Topic: Meritocracy

What type of economy would fit best with Meritocracy?

Meritocracy is the system of gevernment where responsabilites and rule is given based on demonstrated ability, not by wealth, class, or popularity.
Please use simple words, that would be greatly appreciated!

I would think a capitalist system would work best with a meritocracy, because in pure capitalism, you get ahead based on your skills. Capitalism is based on competition, so the more ability someone has, the better they would do. A capitalist system would fit best with a meritocracy because the pure ideals of both are the same.

What type of economy would fit best with Meritocracy?

Meritocracy is the system of gevernment where responsabilites and rule is given based on demonstrated ability, not by wealth, class, or popularity.
Please use simple words, that would be greatly appreciated!

I would think a capitalist system would work best with a meritocracy, because in pure capitalism, you get ahead based on your skills. Capitalism is based on competition, so the more ability someone has, the better they would do. A capitalist system would fit best with a meritocracy because the pure ideals of both are the same.

What is a meritocracy and how does it differ from a democracy?

What is a meritocracy? Is there any current examples of a working meritocracy in the world? Is the current government better or worse than a meritocracy and why?
Checks and balances aren’t required in a representative democracy. Is there any reason why there couldn’t be checks and balances in a meritocracy?

Meritocracy is a system of a government or other organization wherein appointments are made and responsibilities assigned to individuals based upon demonstrated talent and ability (merit).[1] In a meritocracy, society rewards (via wealth, position, and social status) those who show talent and competence as demonstrated by past actions or by competition. Evaluation systems, such as formal education, are closely linked to notions of meritocracy.

I suppose it would be different from democracy because we select our leaders by using individual opinion, rather then a pre-defined list of educational or experience requirements.
I don’t know of any governments that use this, but I know of many people or businesses that do.
It’s kind of a smart person way of saying the best person for the job gets the job in my opinion.