Wisdom and knowledge are not on the side of the rich. The economics and politics of the rich is a fool’s errand – great for the rich but disastrous for everyone else. This is why the rich buy up all the media and the state and use both to push 24-7 propaganda lies about how the economics of the rich is the best thing for your everyday person.
They have to lie about this all the time because it is so manifestly untrue. This is why conservatism, at least the political economic variety, is always undemocratic and completely dishonest.
If the rich were honest about this matter, they would say, “The political economy that we push is great for us but terrible for most of the rest of you. But you all should support because reasons.” Incredibly enough, many ordinary Americans more or less believe this, but they see their non-wealthy status as a failure for which they blame themselves, and they tell themselves their whole lives that they are going to be rich too one day.