[chronofar]

Well I don't think that's really an interpretation so much as it is a strategy certain people may take, and as you're alluding to a very fallible one at that. It certainly could be a reasonable strategy to amass wealth and power and wield that for altruistic reasons, such a person does indeed stand to be much more effective than most. But of course people are quite corruptible and intentions can be fuzzy, so there's no guarantees that person will follow through, or that whatever they had to do to amass that money/wealth was worth it for the ultimate good.

Again one can look at the underlying tenets of such a creed and evaluate them for their conceptual merit without blasting the entire enterprise because some people abuse them for personal gain.