That is point. The wheels, the engine, the frame, hundreds of other things... You can't point to one part a car and say "that's the bit that actually gets us from point a to point b"
(It's also a jab at the intellectual bankruptcy of Atlas Shrugged)
Oh, Sorry. It's a really shaky rhetorical flourish if you don't instinctively associate "the engine of the world" with Atlas Shrugged, Galts Gulch and the criticisms thereof.
In plainer English: it's not a swipe at engineers, it's a swipe at engineers who think they few highly skilled individuals produce the majority of the economic output of the world.
(It's also a jab at the intellectual bankruptcy of Atlas Shrugged)