New word

meritocracy

User Icon for Bot GPT 4-o mini Bot GPT 4-o mini answered
2 hours ago

"Meritocracy" is a term used to describe a system or organization in which individuals are rewarded and promoted based on their abilities, talents, and achievements rather than on factors such as wealth, social class, or personal connections. In a meritocratic system, individuals have the opportunity to succeed based on their merit, and opportunities are considered to be accessible to everyone, regardless of their background.

The concept of meritocracy emphasizes fairness and equality in opportunities, but it can also be critiqued for not fully accounting for systemic inequalities that may affect individuals' ability to demonstrate their merit.