Science: Billionaires Are Bad
Trace Dominguez Trace Dominguez
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 Published On Feb 11, 2023

Billionaires are idolized, lionized, followed, and celebritized, but should they be?? (Science: “No. You don’t even like them.”) || Join Nebula and watch this video with extra content, no ads, and get Nebula Classes free too! 👉 https://go.nebula.tv/tracedominguez

Fans of #ElonMusk attack strangers on the internet every day. Fans of Kim Kardashian, Oprah, Mark Cuban, and even Donald Trump will stan them all day — and yet… why? Americans love the wealthy. We think wealth is a skill and we want to know how they did it, so we can achieve it too, but #HowDoPeopleGetRich… really?? I looked at the science and broke down the neuroscience, psychology, and sociology that keep us enamored with "The 1%," Rhianna, Trump, Warren Buffett, MacKenzie Scott, Bill Gates, and other #billionaires — even if we actually hate Elites.

🧲🧲🧲 F O L L O W 🧲🧲🧲
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📒📒📒 C H A P T E R S 📒📒📒
0:00 Do we actually hate billionaires?
0:23 Do rich people work harder?
4:47 We think wealth is good (but is it?)
6:38 Why do we lie to ourselves?
7:02 No really, polls say we hate billionaires
10:40 Examples of these concepts in action
13:28 I don't need billions, just a little support
15:17 Seriously, we don't like the rich

💖💖💖 S U P P O R T 💖💖💖
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📕📕📕 L E A R N M O R E 📕📕📕

Talent Versus Luck: The Role Of Randomness In Success And Failure (Advances In Complex Systems)
https://www.worldscientific.com/doi/a...

If you’re so smart, why aren’t you rich? Turns out it’s just chance. (MIT Technology Review)
https://www.technologyreview.com/2018...

Are Millionaires Smarter Than the Rest of Us?
https://money.com/are-millionaires-sm...
“If differential talent would have also played a role, we would have found a distribution of wealth that is even more extreme,” he explained. “This suggests that luck, rather than talent, is the main driving force of wealth inequality among the rich.”

Did our brains evolve to foolishly follow celebrities? Yes. The answer is yes. (Durham University)
https://www.dur.ac.uk/news/newsitem/?...

People are more tolerant of inequality when it is expressed in terms of individuals rather than groups at the top (PNAS)
https://www.pnas.org/doi/full/10.1073...

U.S. views of billionaires now somewhat more negative than in 2020 (Pew Research Center)
https://www.pewresearch.org/fact-tank...

Fun fact: a record number of the billionaires in the United States are also immigrants! (We get the job done)
https://www.forbes.com/sites/mattduro...



Some images by Getty Images
Music by Epidemic Sound

Love you, #nerdfam. Stay #curious! Thanks for supporting science communication.

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