Meritocracy

[,merɪ'tɒkrəsɪ] or ['mɛrɪ'tɑkrəsi]

Definition

(noun.) the belief that rulers should be chosen for their superior abilities and not because of their wealth or birth.

(noun.) a form of social system in which power goes to those with superior intellects.

Typist: Remington--From WordNet

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