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What truly drives capitalism is the need to get more capital to reinvest to get more capital.
The system doesn't, can't, intrinsically care about how it is done.
It's also telling that all your "merits" are of the commodity, not humans.
Tell me, how would you measure merit? Could it be linked to the quality of the product or service you produce? Just productivity alone? Is it time you spent working on something?
That's the thing, merit can be defined however we want be any value system.
One could define it as any of the things you said. I can define it as bringing happiness or health as easily as boosting profit, and if I wanted to facetiously make a point I could define it as strength or even "being closely related to previous leaders".
What is deemed as merit is itself a statement of what has highest value under that system.
Under Capitalism the merit that's rewarded, in my eyes, is the ability to make money.
I personally, would rather a system that places ability to support peace and raise quality of life as the merit that is rewarded.