The establishment in Britain shows no signs of dying out. Here is an FT article, written by an Oxbridge-educated man, about how Oxbridge-educated men find themselves in positions of power without really needing to exert themselves or show signs of brilliance:
My caste produces the opinions that most British people are expected to swallow. However, the one topic we seldom discuss honestly is our own rule. So let me try to describe how it looks from up here.
We didn’t have to work very hard to get here. Luckily, the British establishment doesn’t demand workaholism, except for a few months around exams. The gentleman dilettante is still honoured (see David Cameron).