The development literature in the 1990s highlighted the role of business elites and the government in an endowed embedded autonomy for economic wealth generation that is coevolved with societal welfare (Evans, 1995), in turn leading to desired socio-economic development. The observations in Breznitz (2007) and Amsden et al. (2012) imply the significance of upgrading allies of elites in an economy, and how the derived institution leads to productive outcomes—as opposed to a predatory state, which enables capture by elites and portends a regressive governing outcome. Elites are professionally trained and selected—thus, it is desirable to have them guard the established institution, as it is perceived that they do this selflessly unlike the “masses”. The national solidarity of ruling elites in governing affairs (e.g. socio-economic, health, security, commerce, etc.) is not uncommon in many countries.
