Once the middle class is destroyed, and make no mistake the government is engineering this, the country will devolve back to a feudal system. There will be the ruling elites who hold all power and wealth, and the serfs who scratch out a meager living. Those who crave power not only must have power and wealth, their real satisfaction comes from seeing others live in misery. That is real power.
That’s the same as with Nazism.
Only the select few at the top could actually accumulate any kind of wealth and that was only because they supported the party.
The masses got by but there was no real wealth accumulated.