Elite panic is the phenomenon by which rich and/or privileged people imagine that in times of chaos all social constraints break down and everyone around them will try to rob, rape, and murder them. To some extent this reflects their own implicit belief that humanity is by nature grasping, avaricious, amoral, and cruel, and that their status depends on power and violence. It's a world-view you'd expect of unreconstructed pre-Enlightenment aristocrats, or maybe a society dominated by a violent slave-owning elite.
This is such a salient point. It's something I've noticed when someone recommended me The Walking dead years ago. It's horrendous how reactionary and borderline fascist that show is in its nihilistic display of humanity where tribal survival is all that matters and every individual encountered is almost certainly some sort of rapist or cannibal and just needs to be stomped out. At one point I was thinking if the show is actually pushing this narrative so hard as to parody it but it certainly doesn't seem to be viewed that way.