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Well it does work until it doesn’t and the high imperialists get out of it can be quite high. A chunk of the oligarchic boomers feel like they have have everything they ever could have wanted even if their younger counterparts are starting to get greedy for more like addicts they are. And now we have fights between the rulers that want it to stay exactly as is and those that want more battling it out while we get nothing for those of us below that want better.
Lessons are learned and forgotten constantly in this world. The next empire along will also justify its existing as a good until it no longer can.
Let’s see what happens when Carthage falls and weapons are handed out asking the meek to pick sides to groups promising to own them better. I doubt that it will be a lesson we learn and pushed off to be learned again later.
It works until they start believing their own propaganda, which America did long ago. Using flimsy justifications to steal things from people will enrich you. Driving your empire because you must continuously validate those justifications will destroy you.