You keep saying "meritocracy" and the like, as though it's just by nature a good thing. It is not. High IQ isn't distributed evenly or fairly or anything of that nature, and yet "meritocracy" seems fine with the idea that "some people are just smarter than others, deal with it".
Rawls had a concept of the "veil of ignorance" which is probably better for thinking about fairness rather than "meritocracy". No one should lose sleep over the fact that the tiny number of corporates with enough capital can now beat out the tiny number of 180 iqs at a task (mostly generating proofs) that is not really valuable.