The way it is going, the "merit" scale equates merit with ability to gain control of money. Honesty doesn't even matter; there are many more Madoffs and SBFs of the world that haven't yet gotten caught, and everyone hails them (at least until they fall). Madoff died in jail, but only after he lived decades at the top; some would see that as a good life bargain career plan.
If we build a real meritocracy AND provide for equitable distribution of resources to even the least among us, we can do very well.
There is a lot of movement in that direction, but until the abusers at the top get the point that there will be no society even worth living above without equity, we could be headed for real darkness.
Aiming at anything else will simply be a less effective, more corrupt, more unjust, more arrogantly constructed system.
True meritocracy requires aiming away from corruption, towards justice, and towards humility. That will never be perfectly achieved, but the lack of willingness to even aim at the target in large sectors of society at the moment is something I find both incredibly depressing and incredibly counterproductive strategically. There are tools and procedures that can be systematically employed to measure merit that, while imperfect, are better than nothing, and seem to be increasingly rejected because people don’t like the results. Those results are not something that should be considered static nor perfectly calibrated to merit nor reflective of worth as a high status member of society. But the incredible amount of sensitivity around any attempt at identifying and nurturing people with signs of high potential regardless of background is a giant achilles heel affecting all of society. Failing to properly address and assuage those sensitivities so we can pursue meritocracy to the extent possible harms everyone in the long run.