On Episode 24, there was a discussion of a political party w/ meritocracy. You should check out the book Freedom by Daniel Suarez (note that it’s the follow up to Daemon and you’ll want to read that first). He basically discusses the creation of a fully meritocracy based society. It has the whole gamification of such things.
Another issue is that you need a generally agreed upon place to store said merit and the generation of things that define the merits.