He's just observing the putative pros/cons of having a society ran by a hereditary elite, versus by the spazzes that got all the best grades in school. He doesn

He's just observing the putative pros/cons of having a society ran by a hereditary elite, versus by the spazzes that got all the best grades in school. He doesn't clearly prefer one over the other, but laments the erosion of the good parts of the old regime.