When it comes to Supreme Court justices there's no reason why they can't be elected.
Modern electronics and communications allow us to expand the frachise beyond the executive suites at McGraw Hill (where S&P is managed from) into whole world if need be.
There's no reason not to expand the franchise.
BTW, that was more or less the thinking of Cleisthenes when he broke the power of the self-appointed aristocracy of his time.
I don’t know if voting is the answer. Witness the American system, the choice we were then pesented with and the choice we made in 2008.