Wealth-centric

Wealth-centric describes a perspective, system, or ideology that places the accumulation, preservation, or display of wealth as its central focus and primary value. It prioritizes financial gain, material possessions, and economic power above other considerations, such as social well-being, environmental sustainability, or equitable distribution of resources. This perspective can manifest in individual behavior, corporate strategies, governmental policies, or broader societal structures. It often assumes that economic growth and prosperity are the ultimate goals and that these benefits will 'trickle down' to improve the overall standard of living, although this is often not the case. A wealth-centric approach can lead to inequality and social stratification if unchecked.

Wealth-centric meaning with examples

• The corporation's policies are demonstrably wealth-centric, with decisions consistently favoring shareholder profits over worker benefits and environmental protection. Their investment strategies focus solely on maximizing returns, showing a clear disregard for any social impact. The executive bonuses reflect the organization’s wealth-centric priorities, showcasing lavish compensation while simultaneously cutting employee benefits.
• Critics argue that the current tax system is wealth-centric, offering preferential treatment to high-income earners and corporations, while simultaneously placing a heavier burden on middle and low-income individuals. This, they say, exacerbates economic disparities, failing to allocate resources effectively and further consolidating wealth at the top, making upward mobility difficult.
• The advertising campaign employed by the luxury brand was explicitly wealth-centric, showcasing an exclusive lifestyle, with extravagant cars and mansions, that was accessible to a small percentage of the population. The message focused on material possessions, and reinforcing that success is correlated with the amount of wealth they have, completely neglecting to represent any diverse populations.
• The politician's platform was criticized for its wealth-centric focus, which prioritizes economic growth and deregulation, neglecting measures to support vulnerable communities or address rising income inequality. Their proposals consistently favored tax cuts for the wealthy and reduced social programs, further emphasizing a wealth-centric framework at the expense of social welfare.
• The media coverage of the business tycoon’s success story was often wealth-centric, focusing heavily on his financial achievements and material possessions, while downplaying issues of workers rights or environmental sustainability. The narrative glorified his accumulation of wealth, portraying it as the ultimate indicator of success and overlooking the complex circumstances behind his success.