> they have gone to university, the only place where bad ideas can survive and be propogated out into the world

Let's not leave out think-tanks and orgs like the WEF that seem to exist only to launder the opinions of billionaires. And mainstream news publications like the New York Times: https://en.wikipedia.org/wiki/Friedman_doctrine

While I don't disagree with many of your points, we shouldn't kid ourselves that we live in the best of all possible worlds for most working or middle class people.