Networth and Chill with Your Rich BFF

Why We Hate Rich People

Mar 22, 2023
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INSIGHT

We Crave Rich People’s Downfalls

  • Society enjoys watching rich people suffer because it humanizes extreme wealth and satisfies a sense of justice.
  • Shows like White Lotus and Succession feed a cultural appetite for rich people’s downfall.
INSIGHT

Misplaced Anger Targets The Working Rich

  • People conflate millionaires with billionaires and direct resentment broadly at anyone labeled "rich."
  • Corporations and billionaires actually have the wealth and tax power that should draw scrutiny.
ANECDOTE

Junior Wall Street Workers Felt The Protest Pain

  • Vivian Tu recounts working as a junior analyst on Wall Street where protests hit junior staff hardest.
  • Occupy protesters inconvenienced 22–23-year-olds fetching lunch, not senior executives.
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