Elitism

n. leadership by an elite; awareness of one's superiority, pride in belonging to an elite group

Elitism is the belief or attitude that those individuals who are considered members of the elite — a select group of people with outstanding personal abilities, intellect,  wealth, specialized training or experience, or other distinctive attributes — are those whose views on a matter are to be taken the most seriously or carry the most weight; whose views and/or actions are most likely to be constructive to society as a whole; or whose extraordinary skills, abilities or wisdom render them especially fit to govern  [1]. Alternatively, the term elitism may be used to describe a situation in which power is concentrated in the hands of the elite.
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Noun
1. the attitude that society should be governed by an elite group of individuals
(hypernym) political orientation, ideology, political theory

elitism
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