Fascism is the end result of capitalism without liberty. It is an autocratic system used by people who have large amounts of power or capital to protect their self-interests from communism or populist events surrounding economic depressions.
Fascism is capitalism plus murder. - Upton Sinclair
Fascism is capitalism in decay. - Vladimir Lenin
Meritocracy is often a fancy word for fascism.
Our eugenics program proclaims I am of greater merit than you and that is why I lead and you follow.
In meritocracy only those who believe they are the most deserving rule.