I dunno about that… Communism & Socialism have failed miserably everywhere its been tried and yet American Commies & Socialists truly believe they can make it work here.
I’m also not sure that the “Law of Unintended Consequences” is applicable in this situation. These overly educated people know exactly what the consequences will be. They just don’t care.
I fear you may be right. They know and just don’t care.