And I think another worse solution would have been implemented, although we can never know for sure. The system is not perfect, but it is very good. It rewards those who make an effort, instead of trying to equalize, redistribute and talk about "unfair advantages". It is a typically capitalist system of competition, effort and reward for effort and a job well done.
There is no competition and merits are not scarce. It's basically a participation trophy, just show up and post something coherent and you'll get a merit - no elaborate talent show required. I don't know whether that's "socialist" or "capitalist" or "ancap" or whatever juxtaposition you're trying to do here, it doesn't seem to be political at all.