If you read Tolkien's books, you will notice how the Elves go through several stages of civilization.
By the time of the events Tolkien wrote about in the Lord of the Rings, Elves were Deltas in their final stages before death and subsequent rebirth. Wise heads realized that they had to leave, adapt and discover a new way of life (i.e. move to Alpha) or they would dwindle and be forgotten. Men, by contrast, had developed much more slowly, and thus were only a Beta race at this time. The First, Second and Third Ages of Middle-Earth generally coincide with the time periods in which the Elves as a race were Beta, Gamma and Delta. Before the First Age, all the races of Middle-Earth were primitive, childlike Alphas. Because of the Oath of Fëanor, the Elves' fate in this world become directly tied to that of Melkor and hence Sauron. As Dwarves were not "true creations" but imitations and thus ultimately inferior, Men would always have been left to dominate the Earth after those enemies were gone.
I suspect that Tolkien, if he understood Socionics, would identify our civilization as one in a Delta phase right now (we have been since the 1960s). As such, we should consider the position of the Elves and how they chose to react. Some shut themselves away, wishfully thinking that the hordes wouldn't come for them. Other fled to distant lands while they still could. However, a few were brave enough to stand and fight. They used their knowledge to help defeat the rising tide of evil, and they did it not for themselves but to help secure some liberty for the children who would come after them.



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