Nepotism Babies and Mills
I see this article and the meme-d reaction to it as a reflection of Mills' idea about the Power Elite's reactions to not being seen as inherently superior. He states that "people with advantages are loath to believe that they just happen to be people with advantages. They come readily to define themselves as inherently worthy of what they possess; they come to believe themselves as 'naturally' elite; and in fact, to imagine their own possessions and their privileges as natural extensions of their own elite selves" (Mills 1956:14). Just as nepotism babies seem to freak out when they are told they earned their status through the work of their parents, Mills is claiming that the Power Elite hate when it is suggested that they are not worthy of their advantages and what they have does not actually have to do with them. Being called a nepotism baby basically insinuates exactly that, and in the exact same fashion, those accused loath that thought.
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