[atq2119]

Can't we take the same analysis to drive alternative conclusions instead?

For example, why not remove or weaken the reasons why people want to be part of the elite in the first place, perhaps by eliminating it.

[AnimalMuppet]

You may be able to weaken it, but you can't eliminate it due to human nature. See, for example, C.S.Lewis's essay on "the inner ring".

https://noorsiddiqui.com/papers/TheInnerRing.pdf

[atq2119]

Sure. But setting a goal of eliminating it with the purpose of driving elite importance as low as possible seems to me the most ethical way of dealing with the problem of elite overproduction.

Additional measures may be useful as well, of course.