No, it’s making the rich richer and the poor not desperately angry. Nothing makes rich assholes more concerned than all the people kept at just above desperation starting to get actually desperate and angry.
The key to a highly unequal distribution of wealth, resources, and power is making sure that those with the least–from whom you’re extracting the wealth, resources, and power–find it more difficult and inconvenient to change the system than just accept their mediocre lives.