Yes it does actually... this falls back to our understanding of meritocracy. First we must agree on what merit is before we try to polish a system that promotes it.
I remember reading somewhere that SMT's might fix some of these issues we are facing, meaning that a community for let's say Philosophy & Literature might decide to part ways with Steem's core blockchain (not technically, but my point stands) eliminating pre-mined stakes and coming up with a healthier distribution.
There are other big challenges of course, many of the people who might be interested in said SMT may not have the resources to get it off the ground.