Explain the Hamiltonian Federalist belief that the "wealthy and well educated"?

The Hamiltonian Federalist belief that the "wealthy and well educated" ought to run the government with the Jeffersonian Republican beliefs that the common person, if educated, could be trusted to manage public affairs need someone to explain this to me.
 
It's a sort of prelude to John Stewart Mill's "Utilitarian" government. In it, he believed that only those who are well educated and trained in a given field should be allowed to have a say in what is acceptable and "good" for the consumption of the masses. If you have been trained as a classical musician, then you would be allowed to pick and choose what the rest of society is exposed and listens to.

In Hamilton's view, federal government should have power over and dictate to the state and local governments and that only those who are well educated in matters of the state should be allowed to enter government service.
 
Let's look at a modern day example right now in congress their debating a bill about energy policy and climate change.

The Democrats (The intellectual educated elites) says global warming is damaging our planet and we need to force people to switch to green energy and conservation, which in the long run will save our society money. People who switch to hybrids and insulate their houses now will be able to earn that money back in savings over the long run.

The Republicans (The common people) say that may be true but if your hit hard by the recession, and are scraping by, where are they going to get the money for all of this energy efficient stuff? People can't change their whole lives on the promise that they might possibly,maybe, be slightly better off in the future.

It's an argument between who should be running the government the people who are knowledgeable but out of touch or the people who know what real life is like but may be unable to see the big picture.

Note this is not to say Republicans are dumb or Democrats are out of touch it's merely an example of how policy is debated. It's my belief that all of the government comes from the wealthy elite, it's merely which group of lobbyists get represented.
 
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