I wrote a long and elaborate post here about why you where wrong, but then realised that in essence the system already works this way. With y combinator as the

I wrote a long and elaborate post here about why you where wrong, but then realised that in essence the system already works this way. With y combinator as the elite. So while I'm stubborn enough to maintain that, of course, theoretically you are totally wrong(democracy vs one party systems and all that) in practice you are absolutely right :-)