I've posted this before in a similar thread about possible ways of thinking about how an Elvish culture might work, but here it is again:
John Lanchester's "The Case Against Civilization"
https://www.newyorker.com/magazine/2...t-civilization
I think magical elves would rely on natural abundance and self-reliance; they wouldn't be interested in structures that supported strict hierarchies because their communities would be radically egalitarian and wouldn't suffer from many of the hardships associated with scarcity. It's a pretty interesting article.