I think they’re intellectually incurious rather than deficient. They’re not dumb people. But they’re so convinced of their own genius that despite knowing nothing about how government actually works they are still convinced they know how to fix it.

I mean, it's like a pastiche of naive startup founders meeting the reality of the industry they're trying to disrupt.

I've too been thinking along these lines lately. A month ago I would think it's an alarmist/overblown to frame the situation in such a way but simply looking at the actions and ignoring the "justification"/propaganda must result in updating the model - it's indeed oligarchic takeover.

Could be both?