probably a reference to the domestic oligarchy that the government supports and is propped up by.
generate wealth…
probably refers to the focus on stock market values and private wealth as opposed to society’s interests/wealth (public institutions, local swimming pools and amenities even, health etc). Middle class implies there must be impoverished workers and an upper-class. Finally, different countries will value national wealth differently according to their needs and resources - not everything has to be valued by the market to be fairly priced. Probably.