The original paper refers to specifically to economic elites, but this article quite strangely redefines this group as a credentialist/cultural elite that is motivated by status and influence within bureaucracies and favors socialism. This seems to be a description of the author’s personal experiences within his university, but it ends up being a significant misrepresentation of the actual paper, which refers to an economic elite, where support for socialism is lowest.

It’s quite strange to see a paper about economic power exerting control over government policy being summarized as “elites support harsh, intrusive, and punitive business taxes, regulations, and legal liability.”