Imagine an economy where every one in the world has an equal access to it. Where everyone has the same opportunities to participate.
No exclusion, no differences, same access for everyone.
Your performance is what counts, and not where you were born!
An economy where everyone has equal access and opportunities to participate, where performance is the only factor that determines success, and where birth or background do not provide any advantages or disadvantages is often referred to as a meritocracy.
This concept is often viewed as a way to promote fairness and reduce inequality, as it would allow individuals to succeed based on their own abilities and efforts rather than the circumstances of their birth.
However, it is important to note that achieving a truly meritocratic society is difficult, as there are often inherent biases and systemic inequalities that can prevent certain individuals or groups from having equal access to resources and opportunities.
