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e·lit·ism or é·lit·ism (-ltzm, -l-)
n.
1. The belief that certain persons or members of certain classes or groups deserve favored treatment by virtue of their perceived superiority, as in intellect, social status, or financial resources.
2.
a. The sense of entitlement enjoyed by such a group or class.
b. Control, rule, or domination by such a group or class.
In my not so humble and definitely NOT politically correct opinion, it is the self appointed elite that consider themselves to be so superior to the unwashed masses of lessor folk that it is their duty to benevolently tell... or not so benevolently force!... those beneath them to do what has been decided is good for them that have been the source of all evil, both large and small, that has plagued the earth since time began.
And, again in my unimportant opinion, the elitist names of those who think they were born to be the natural rulers of the world.. the Bloombergs, Obamas, Reids, Pulosis, Soros, and the names of their arrogant elitist ilk, shall go down in History alongside that of... Nero, Caligula, Hitler, Saddam Hussein, Chavez, and every other deluded wannabe God.
The sad, sad, thing worthy of great pity is folks of that ilk think what I just said about them is a ................ compliment.