Eloi / Morlocks

The two fictional races of the future from H.G. Wells novel, The Time Machine. The underground Moorlocks being the producers of the necessities of life for all, while the above ground Eloi live a banal carefree existence with all needs and desires fulfilled, while slowly becoming dissolute and naïve, little realising they are being kept as a source of food. E. sometimes used as a derogatory term to describe people who advocate policies which give a short-term gain without considering possible long term adverse ramifications.