"Rather, we argue that meritocracy the idea that societal resources are distributed exclusively or primarily on the basis of individual merit is a myth. It is a myth because of the combined effects of non-merit factors such as inheritance, social and cultural advantages, unequal educational opportunity, luck and the changing structure of job opportunities, the decline of self-employment, and discrimination in all of its forms."
In short, because the universe already has an economic "state" and is changing independent of what any one individual does, the value you may derive from your own individual merit is extremely variable.
"Rather, we argue that meritocracy the idea that societal resources are distributed exclusively or primarily on the basis of individual merit is a myth. It is a myth because of the combined effects of non-merit factors such as inheritance, social and cultural advantages, unequal educational opportunity, luck and the changing structure of job opportunities, the decline of self-employment, and discrimination in all of its forms."
In short, because the universe already has an economic "state" and is changing independent of what any one individual does, the value you may derive from your own individual merit is extremely variable.