Meritocratic Capitalism

Meritocratic Capitalism, clipped to MeritCap and also called Market Meritocracy, is a fictional, economically right ideology. It takes the economic system of and combines it with an extreme principle of. MeritCap believes that competitive markets are good, but passive wealth accumulation—such as inheritance, interest, and debt—isn't, and a system that has it can't be a true free market. One should not be paid money simply for having money; wealth must be earned by work and innovation, and the customer is king.

MeritCap is wacky/unrealistic because of its desire to abolish passive wealth accumulation (PWA) as a concept in society, which would require forgetting how basic finance works. In fact, it can be argued as not being a true capitalist at all in the modern sense