Is Mexico a shining example of what happens when the Conservative Party stays in power for generations?
Tiny upper class - 0 middle class - huge lower class.
No welfare, no social security, no anything unless it benefits the tiny wealthy ruling class.
The rich is this country are rich because they produce goods and provide services for a profit. They need a healthy middle class, so they have a market and an employee base. Rich people like to make more money, and they usually do it by conducting business.
Making a profit encourages people to take risk and create new or more business. Profit drives technology and innovation. If there were no profit motive, you would be living on a farm somewhere, with no electricity, lights, phones, computers, cars or McDonald's.
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