The world is taking its revenge against elites. When will America's wake up?

``It's easy to see the problems presented by a cliquish elite when they happen elsewhere. In the countries of Old Europe, maybe, powerful politicians sell out grotesquely to Goldman Sachs; but when an idealistic American president announces that he wants to seek a career in venture capital, we have trouble saying much of anything. In Britain, maybe, they have an "establishment"; but what we have in America, we think, are talented people who deserve to be on top. One wonders what kind of a shock it will take to shake us out of this meritocratic complacency once and for all.''