elite (n) - the best of a category, the finest, etc. (i.e. this could also apply to turnips)
elitist (n)- one who thinks they are better than others
There is a difference between the two.
Calling the worst of what humanity has to offer the "elite" is wholly untrue.
Elitist, yes. Elite, no.
What we have now is classism being disguised as racism and sexism. It is identical to 1913 Russia, but instead of poverty, the socialists' subversion is in the form of leveraging racial and gender inequities, instead of class. The socialists cannot use class/wealth now to subvert, b/c the socialists ARE the meritless, central bank-funded elitists.