I am sorry to have to inform you, but this is a meritocratic, very naive view of modern societies that every single datapoint points against. That is not the biggest problem.
The biggest problem is: what to do when there is an ongoing state capture of your country by oligopolic pan-continental corporate structures?
Stop assuming that we just have to find out a solution. Solutions exist. We can have co-owned drone farms sustaining entire villages. We COULD have that. We already have tens of thousands of bright scientists who work on drugs where the patents go to the corporations, not for those who actually did the research anyway. Profits, however, are more important to those who make decisions about our ways of living.