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Belle of the Ranch

Let's talk about Trump, trust funds, power, and privilege....

Belle of the Ranch

Belle of the Ranch

Society & Culture

4.91K Ratings

🗓️ 7 September 2020

⏱️ 11 minutes

🧾️ Download transcript

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Transcript

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0:00.0

Well, howdy there, internet people, let's bow again.

0:04.0

So today we are going to talk about trust funds and wealth, power, privilege, exclusionary traits, unseen forces, all kinds of stuff. To start off with, I want you to picture you live in a world where some people are born with trust funds.

0:32.0

Born with money. When they're born they have a

0:36.5

million dollars. And let's say that this set of people, they have a lot of influence over how laws are written.

0:49.0

And sometimes they tailor those laws to benefit themselves. That they get preferential

0:56.7

treatment when it comes to financial institutions that they get preferential

1:02.4

treatment by law enforcement and the criminal justice

1:06.5

system, that they have better access to education and health care.

1:12.1

Okay, so picture you live in the United States.

1:17.9

I would suggest that if you were part of that group of people,

1:26.0

you have a privilege. In fact, we used to call this class of people,

1:30.0

people who were born to wealth and privilege.

1:33.0

It's not a new concept, guys.

1:35.0

But that's an extreme example.

1:39.0

Let's take it a step back.

1:41.0

Let's say your family doesn't have enough to give you a trust fund with a

1:45.8

million dollars in it, but they got enough to pay for you to go to college without an academic or athletic scholarship.

1:57.5

That's a privilege.

1:59.7

Your grades can be so so.

2:01.1

You can just buy your way in. It's a privilege, something you're born with. Let's say you

2:07.4

just have a rich uncle. It means you have access to that generation of wealth.

2:13.0

You want to start business, maybe he gives you a loan.

...

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