I don't strictly disagree with that, but I do think a significant amount of science (not all) should be led by rich people. Rich people aren't random, there is a natural selection in whom becomes rich. Imperfect as that selection process is, I think it is at least better than the alternatives of popular vote or bureaucrat decision. I say this not being rich myself.
I also believe a significant amount of science should be democratically driven.
I also believe a significant amount of science should be democratically driven.