Is "inclusive political and economic institutions" always a good strategy? I am not convinced and the article doesn't point to any solid evidence to support thi

Is "inclusive political and economic institutions" always a good strategy? I am not convinced and the article doesn't point to any solid evidence to support this claim rather portrays a representative picture. Does "rich nations" imply nations where the elite hold huge amount of capital or does it refer to nations where an average citizen lives in prosperity? The article doesn't reflect on the comarison of ecomomic divide in the nations. The article's claim that "exclusive" institutions concentrate power in the hands of the few elite and hence the nations end up being poor. THe US could be considered a rich nation with "inclusive" institutions and yet there exists the concentration of power and wealth to the few. These correlations argument of very shaky. The Adam Curtis documentaries [0,1] at their core point out the loss of control by the democratic government (elected to serve its people) to the private economic institutions (created to serve the elite). [0] https://youtu.be/fh2cDKyFdyU https://youtu.be/fh2cDKyFdyU [1] https://youtu.be/v-npoz1SgRQ https://youtu.be/v-npoz1SgRQ