You are making a mistake buying into the class warfare seen frequently on FR.
Many of these same “products of elite insitutions” are your Drs, Engineers and scientists. And entrepreneurs (trying to make jobs).
The real target of your scorn should be the products of these institutions fromthe “liberal” degrees - humanities etc.
Mke a list of those you have trouble with - and then write down their majors. it is not for nuthin they wil lmostly be “pre-law”.
Heck - few will even be “business”.
The VAST majority of Drs, Engineers, and scientists from these institutions are on your side. Some may be a bit squishy - but not “leftards”.
“You are making a mistake buying into the class warfare seen frequently on FR”
Heck - few will even be business.
Or both, in the case of Mittens.
I noticed years ago that there is a trash line in the energy industry. By and large, line managements are made up of people with technical or land-management degrees, and CPA/MBA people among the financial support ranks.
But the people in New York who vet the companies' policy and portfolio choices are all financial pukes from liberal-arts or elite Ivy colleges, and never the twain do meet, except when the financial people are telling the energy outfits' boards to slash head counts, or "get big or get out", or whatever the financial pukes' flavor of the year is.
In the early 90's Chevron bucked the financial pukes and refused to slaughter their upstream staff -- and Value Line's analysts promptly tore them down for "hoarding staff" when they could have improved their per-share ROE by a few decimal points by throwing hundreds, thousands of talented professionals out the window. Chevron and Exxon were big enough to ignore the financial analysts, and prospered.
Ten years later it was all the other way around, and the financial types in the Street were telling financial-news outfits that the reason that energy-company project portfolios were so thin was that line managements hadn't done a good job of driving their staffs. Which was self-serving BS: the reason inventories were thin, was that they'd been slashed at the insistence of the geniuses in the Street, and the firms themselves had been skeletonized.