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Why should the America's Elite fix anything? If it's not broke don't fix it. Our corrupt form of American Democracy is working very well in the so called World Economy and for America's Elite (Oligarchy). Our do nothing legislators have formed a partnerships with the world's largest Corporations. These corporations have formed Super-Pac's working for a common goal of influence peddling that buy and sell Politicians, votes when the Spirit moves them. Our sorry judicial system sold the American voter down the river when they approved unlimited spending by these groups and by leaving so many loop holes in our current laws. The Oligarchs will never be held responsible nor accountable for their actions as long as they have the money to buy off our elected officials and influence our legal system. Money talks and BS walks.

"Mocking people for studying the arts, literature, history, philosophy, etc."
It is not just plutocrats who do this; Bill ('Real Time') Maher takes regular swipes at students who major in the arts, and philosophy, which makes me think that artists and philosophers are a real threat to the demagogic mouthpieces for the established.

Do you hear the people sing? Singing the song of angry men?

It used to be known as "Land of the Free, Home of the Brave".
Now it's " Land of the Home, Free of the Brave".
This year, 2012, may very well be the last year of elections in the USA. There is only one way remaining for the citizens to disrupt and dispose of the approaching plutocratic tailspin and that is for every citizen to write in their own names for every elected office, Federal, State and Local. That will prevent any "elected" official the right to claim having received a mandate. You can't claim a mandate if you only receive 10% of the vote.
This Nation was founded on the single overriding principle of the limitation of power. No Monarchy. No inherited elitist monopoly, public or private. No religion in government. It has been a long slog to apply these limitation to every sector, to every one. It was almost accomplished but oil became the inflation trigger. Then came Reagan. Then Bush, Then Clinton and Gingrich's Contract on America, then Bush II--an inherited position if ever there was one, bought and paid for by the elite (and a host of tampered voting machines in Florida, never examined, only the cards those machines produced and the machines were destroyed to remove the evidence). And what were the results? Enron and the others, with nothing meaningful resulting. No balanced Budget. There's a biggie! Bush claimed he was going to treat the Executive Branch like a corporation. But when it came time to pay dividends, it wasn't divided evenly, as one share per citizen. No. It went to those who had the most***, at the same time removing the rules those elites had to operate by and hobbling the regulators with budget cuts for those things not repealed, and placing Carl Rovean Pre-screened anti-regulatory philosophied personnel into those same agencies, sworn to follow that philosophy, not the law. (Most are still in those agency jobs, too.)
***Dividends are paid evenly per share of stock owned, regardless of the price per share paid for any share. A $100.00 share of XYZ Corp. IN 2000 get the same dividend as the $25.00 share of XYZ Corp. IN 2001.
Like I said, it's our last chance to rescue this Nation without activating those 350 Million firearms as the last resort for Justice.
SPLF

Each and every individual in the US can become a corporate owner , buy a share of stock. If you do not like the CEO salary vote your stock to cut it. If no action then vote the Board of Directors out.
Remember who owns the stock, pension funds, municipalities, banks, and many individuals. So the fireman who lives down the street has his pension money invested in a corp. so does the barber, grocer, and the saloon owner.
Wal Mart started as a single 5 and 10 cent store and grew on a idea, one man made a difference. Each of us can make a difference by being involved in a responsible way.
Remember we live in a REPUBLIC and not a Democracy , the will of the majority can not take away the rights of the minority.

The House can sock it to students, reduce or cancel your Medicare, your Social Security check, no more COLAs, eliminate the EPA, the SEC, the Department of Education, the banking commission, food stamps, Medicaid, Student Aid, the Post Office, Health Care and dozens others; lay off police, firemen, teachers, park rangers to pay for the deep cuts to the 1% and corporations proposed by Romney and Paul Ryan, but it won’t reduce the deficits and the Debt. More years of Bush’s tax cuts to the rich will create more Romney-like billionaires but ruin the nation.

If the elite fixed the economy, where are they going to get easy money? Every crisis is the result of elites making a killing, then the wounded commoners lick their wounds, build flesh for their next bite... If we talked about the structure of society and how the wage earners are kept at a disadvantage, do you think the elite could continue to rule with such impunity? Adam Smith never thought of corporations being persons. His view was pretty simple: competition improves product and services. He never thought that government would be hijacked by moneybags to side with the corporate thieves every turn of the events and rob decent people out of their hard earned money. Do you remember the dot.com era when CEOs/board members colluded with banksters and stock analysts to sell bricks at gold prices? When the public was outraged, Mr. Dubya and his Dick declared marshal law under his god and terror policy and directed all that anger towards imaginary global terrorists the nucleus of which was funded by DOD/CIA. No one will ever go to the original documents and that is why no one was prosecuted for 911 in public courts. Everything remains hush, hush and will never see the light of day. Crisis is the best time for the elite to make a killing. They have to create it in order to maintain their grip over society/economy/government.