Do people actually think that the privileged elite read?
The working class, even the middle class, we all treat education very differently. For us, education is an investment. We labor for years, unpaid, to build up a reserve of human capital our future employer can exploit. And like all other things in capitalism, we are no more entitled to the surplus of our own human capital than we are the surplus of our labors. Our only hope is the scarcity of kind, not the quantity or quality.
For the capitalist class, education is a shibboleth. Human capital is irrelevant to them, because they already have access to more human capital than they could ever use. Knowledge, skill, intelligence - these things don't matter to the capitalist, to the rich, because they are easily bought when needed.
Certainly, the rich are dimly aware that the Communist Manifesto is a dangerous text to them. Few of them would have the tools to understand it.