That looks an awful lot like a meritocracy.
* does not apply if you or your children get shot by the police for being the wrong shade of brown, maimed by unsafe working conditions associated with low-skilled labour, get sacked because you ask for a raise, etc.
As an aside, when the word "meritocracy" was coined, it wasn't considered a good thing. It was a bad thing.
Police kill ~1000 people per year in the US and roughly half are white. While there is an inarguabale disparity there, that means your chances of getting shot by police are extremely, vanishingly rare. And the numbers killed each year is in steep decline. Let's abandon the fear mongering rhetoric of getting shot by police is any real threat. It makes good headlines but it's just not likely to happen to 99.9999% of people no matter their "shade of brown" as you say.
There are more worker protections, more systemic empowerment of people in all classes, all genders, all faiths, all backgrounds than ever in history. There's a lot of work to be done and the system is by no means equal. Wealth disparity is real. But the fact is there's more learning resources available for free with which to bootstrap yourself than ever. As someone descended from hard working immigrants who valued education, and who is part of an incredibly racially diverse family, I don't think it's a crap deal at all.