Every system ever devised consists of smart people telling the dumb ones what to do. Even in feudal society with hereditary rule, the thicker-than-brick kings were manipulated by smart barons and courtiers :-P

I'd venture capitalism less so than other systems. At least dumb people to some extent get what they want in capitalism. But of course, this is one aspect of nature that's very difficult to remedy and I worry that the cure is worse than the ailment

Caveat lector: I'm reading Atlas Shrugged right now.

Generalization from fictional evidence

I meant it as an explanation of my current dismal perspective, not as evidence of anything. Sorry if it didn't come across right.