I have a hard time believing this. The elite spend a lot of time looking for ways to help themselves. The elite spend a lot of time looking to enrich themselves. The elite didn't become the elite by being charitable or caring or thinking of others.
Also, I don't think this "nature" is just confined to the elite. Everyone is selfish.
> but fails to make an impact because they never consider solutions that would erode their own wealth/status.
People who love wealth and power don't want to diminish their wealth and power?
I basically agree with the guy but nothing he said is new or insightful.