It's Not Left or Right, It's Up or Down
263,497 views 3 weeks ago
Thanks to Betterment for sponsoring this video! Get started, be invested, Sign up in minutes: https://www.betterment.com/influencer... Go to https://meetfabric.com/FINANCIALDIET and start investing in your child today. In our latest video essay, Chelsea dives into America's confusing obsession with the rich. We're living in a second Gilded Age, and suffice it to say: it's not going well! Special thanks to: David Sirota: https://www.levernews.com/ https://podcasts.apple.com/us/podcast... Georga-Kay Whyte: https://www.tiktok.com/@scholasticbabe https://www.instagram.com/scholasticb... SOURCE LINKS: https://www.cnn.com/style/article/gen... https://finance.yahoo.com/news/young-... https://abcnews.go.com/US/experts-gil... https://www.investopedia.com/terms/r/... https://www.studentsofhistory.com/gil... https://www.newyorker.com/business/cu... https://www.youtube.com/watch?v=6qIHN... https://www.nps.gov/grte/planyourvisi... https://apnews.com/article/oligarchy-... https://www.brookings.edu/articles/ar... https://www.brennancenter.org/our-wor... https://www.bloomberg.com/graphics/20... https://edition.cnn.com/2025/01/16/us... https://aninjusticemag.com/billionair... https://www.reddit.com/r/todayilearne... https://www.seattletimes.com/business... https://www.nytimes.com/2025/01/15/bu... https://www.oxfamamerica.org/press/pr... https://www.thrillist.com/news/nation... https://nonprofitquarterly.org/is-the... https://www.nytimes.com/2024/01/25/ar... https://prospect.org/economy/class-co... https://www.newyorker.com/business/cu... https://www.culawreview.org/journal/t... https://pro.morningconsult.com/tracke... 00:00:00 Intro 00:03:10 Ad break 00:05:59 Intro 00:15:05 Robber barons & the history of rich vs. poor 00:25:22 Why do we love to simp for rich people? 00:36:02 Our incredibly lame new robber barons 00:44:40 The dark side of “philanthropy” 00:49:38 Let's get some class consciousness going in the chat Join this channel to get access to perks: https://www.youtube.com/channel/UCSPY... The Financial Diet site: http://www.thefinancialdiet.com Facebook: https://www.facebook.com/thefinancial... Twitter: https://twitter.com/TFDiet Instagram: https://www.instagram.com/thefinancia...
Our members Thank you, channel members!
Our feature-length video essays hosted by Chelsea, premiering on the last Tuesday of every month! Join our member-only Society at the $4.99 tier for early access to ad-free, extended versions of each video essay :)
The Financial Confessions is a podcast about how we live and interact with money, hosted by Chelsea Fagan and brought to you by The Financial Diet.
Every Tuesday, Chelsea tackles personal finance topics from every possible angle — from her own experience improving her credit to the costs of growing up as an American.

Shorts