What needs to be managed is man's stupidity, especially that of our corrupt politicians. The wolf is not to blame. It is merely trying to survive after having evolved for millions of years.
It is man's dominion and stupidity which has undermined nature's balance, not to mention his greed and lack of knowledge considering many topics such as the wolf and elk. It does not take a great reservior of knowledge to know that the global wolf thanks to us is in great decline and on the run. Thus leading to infestation of runaway species such as the coyote which has become endemic here in the east in the last 30 to 40 years. Never saw one before. I kill dozens of them each year and it does not appear to be making a dint. The eastern red wolf kept them out but man in his wisdom for all practical purposes exterminated that species which once roamed the entire eastern part of the continent. Recently, a small population has been discovered in southern Algonquin Park in Ontario Canada. I am certain the boneheads will be shooting them also.
Where have the bison gone? Where have the grizzlies gone? where have the cougars gone? etc. etc. As I post this our footprint on this planet is putting an end to many species which have evolved and prospered over millenia.
The wolf or any sentient creature has as many rights to the elk as you. If you think otherwise then you are not an educated individual as is the wolf. Wolves are social animals like us. Hence, like us if you kill their pack leaders it generally creates turmoil and death for the entire pack for they lias us pass down their know how to the next generation. Hence without leadership they all perish.
I have no qualm re shooting anything so long as the population in the region is stable. If not I exercise common sense and conservation which as a shooter should be and is my first prerogative, for we are stewards on this planet. It has not been given to us for destruction.
One of your great Americans, a Supreme Court judge and writer once said.
"I see no reason to impute to man a greater significance than to that of a baboon or a grain of sand." (Oliver Wendel Holmes)
Lastly, speaking of a runaway species there are 7.3 billion humans on this planet and even a planet is a finite system. If you know the story of Easter Island then you will appreciate my point..
Cheers....