0:00:00.855,0:00:03.043 I want you to, for a moment, 0:00:03.043,0:00:07.068 think about playing a game of Monopoly, 0:00:07.068,0:00:09.348 except in this game, that combination 0:00:09.348,0:00:11.980 of skill, talent, and luck 0:00:11.980,0:00:14.856 that helped earn you success in games, as in life, 0:00:14.856,0:00:16.563 has been rendered irrelevant, 0:00:16.563,0:00:18.781 because this game's been rigged, 0:00:18.781,0:00:20.738 and you've got the upper hand. 0:00:20.738,0:00:22.540 You've got more money, 0:00:22.540,0:00:25.131 more opportunities to move around the board, 0:00:25.131,0:00:27.342 and more access to resources. 0:00:27.342,0:00:28.936 And as you think about that experience, 0:00:28.936,0:00:30.891 I want you to ask yourself, 0:00:30.891,0:00:32.922 how might that experience of being 0:00:32.922,0:00:36.019 a privileged player in a rigged game 0:00:36.019,0:00:38.915 change the way that you think about yourself 0:00:38.915,0:00:42.786 and regard that other player? 0:00:42.786,0:00:45.387 So we ran a study on the UC-Berkeley campus 0:00:45.387,0:00:48.305 to look at exactly that question. 0:00:48.305,0:00:49.979 We brought in more than a hundred pairs 0:00:49.979,0:00:52.171 of strangers into the lab, 0:00:52.171,0:00:54.499 and with the flip of a coin 0:00:54.499,0:00:56.363 randomly assigned one of the two 0:00:56.363,0:00:58.615 to be a rich player in a rigged game. 0:00:58.615,0:01:01.059 They got two times as much money. 0:01:01.059,0:01:02.892 When they passed go, 0:01:02.892,0:01:05.235 they collected twice the salary, 0:01:05.235,0:01:07.010 and they got to roll both dice instead of one, 0:01:07.010,0:01:08.895 so they got to move around the board a lot more. 0:01:08.895,0:01:11.933 (Laughter) 0:01:11.933,0:01:13.693 And over the course of 15 minutes, 0:01:13.693,0:01:17.206 we watched through hidden[br]cameras what happened. 0:01:17.206,0:01:19.086 And what I want to do today, for the first time, 0:01:19.086,0:01:21.462 is show you a little bit of what we saw. 0:01:21.462,0:01:23.099 You're going to have to pardon the sound quality, 0:01:23.099,0:01:24.262 in some cases, because again, 0:01:24.262,0:01:25.750 these were hidden cameras. 0:01:25.750,0:01:27.884 So we've provided subtitles. 0:01:27.884,0:01:29.704 Rich Player: How many 500s did you have? 0:01:29.704,0:01:30.758 Poor Player: Just one. 0:01:30.758,0:01:31.733 Rich Player: Are you serious.[br]Poor Player: Yeah. 0:01:31.733,0:01:33.517 Rich Player: I have three. (Laughs) 0:01:33.517,0:01:35.444 I don't know why they gave me so much. 0:01:35.444,0:01:37.022 Paul Piff: Okay, so it was quickly apparent to players 0:01:37.022,0:01:38.654 that something was up. 0:01:38.654,0:01:40.841 One person clearly has a lot more money 0:01:40.841,0:01:42.760 than the other person, and yet, 0:01:42.760,0:01:45.067 as the game unfolded, 0:01:45.067,0:01:47.214 we saw very notable differences 0:01:47.214,0:01:49.572 and dramatic differences begin to emerge 0:01:49.572,0:01:51.399 between the two players. 0:01:51.399,0:01:53.134 The rich player 0:01:53.134,0:01:55.837 started to move around the board louder, 0:01:55.837,0:01:57.578 literally smacking the board with their piece 0:01:57.578,0:02:00.544 as he went around. 0:02:00.544,0:02:03.598 We were more likely to see signs of dominance 0:02:03.598,0:02:05.328 and non-verbal signs of display, 0:02:05.328,0:02:07.410 displays of power 0:02:07.410,0:02:11.442 and celebration among the rich players. 0:02:11.442,0:02:13.978 All right. We had a bowl of pretzels[br]positioned off to the side. 0:02:13.978,0:02:15.808 It's on the bottom right corner there. 0:02:15.808,0:02:19.203 That allowed us to watch[br]participants' consummatory behavior. 0:02:19.203,0:02:22.761 So we're just tracking how[br]many pretzels participants eat. 0:02:22.761,0:02:25.251 Rich Player: Are those pretzels a trick? 0:02:25.251,0:02:27.635 Poor Player: I don't know. 0:02:27.635,0:02:30.822 PP: Okay, so no surprises, people are onto us. 0:02:30.822,0:02:32.402 They wonder what that bowl of pretzels 0:02:32.402,0:02:34.167 is doing there in the first place. 0:02:34.167,0:02:35.911 One even asks, like you just saw, 0:02:35.911,0:02:38.978 is that bowl of pretzels there as a trick? 0:02:38.978,0:02:41.857 And yet, despite that, the power of the situation 0:02:41.857,0:02:44.143 seems to inevitably dominate, 0:02:44.143,0:02:48.457 and those rich players start to eat more pretzels. 0:02:52.317,0:02:54.212 Rich Player: I love pretzels. 0:02:54.212,0:02:56.402 (Laughter) 0:02:58.235,0:03:00.411 PP: And as the game went on, 0:03:00.411,0:03:02.604 one of the really interesting and dramatic patterns 0:03:02.604,0:03:05.879 that we observed begin to emerge 0:03:05.879,0:03:07.641 was that the rich players actually 0:03:07.641,0:03:11.078 started to become ruder toward the other person, 0:03:11.078,0:03:12.649 less and less sensitive to the plight 0:03:12.649,0:03:14.678 of those poor, poor players, 0:03:14.678,0:03:16.519 and more and more demonstrative 0:03:16.519,0:03:18.865 of their material success, 0:03:18.865,0:03:22.177 more likely to showcase how well they're doing. 0:03:23.836,0:03:27.931 Rich Player: I have money for everything. 0:03:27.931,0:03:29.934 Poor Player: How much is that? 0:03:29.934,0:03:33.603 Rich Player: You owe me... 24 dollars. 0:03:33.603,0:03:36.475 You're going to lose all your money soon. 0:03:36.475,0:03:38.342 I'll buy it! I have so much money. 0:03:38.342,0:03:40.457 I have so much money, it takes me for ever. 0:03:40.457,0:03:42.448 Rich Player 2: I'm going to buy out this whole board. 0:03:42.448,0:03:44.162 Rich Player 3: You're going[br]to run out of money soon. 0:03:44.162,0:03:46.504 I'm pretty much untouchable at this point. 0:03:46.504,0:03:49.342 PP: Okay, and here's what I think 0:03:49.342,0:03:51.136 was really, really interesting, 0:03:51.136,0:03:54.236 is that at the end of the 15 minutes, 0:03:54.236,0:03:58.023 we asked the players to talk about[br]their experience during the game. 0:03:58.023,0:04:00.751 And when the rich players talked about 0:04:00.751,0:04:02.679 why they had inevitably won 0:04:02.679,0:04:04.559 in this rigged game of Monopoly 0:04:04.559,0:04:09.568 —(Laughter)— 0:04:09.568,0:04:12.578 they talked about what they'd done 0:04:12.578,0:04:15.746 to buy those different properties 0:04:15.746,0:04:18.698 and earn their success in the game, 0:04:18.698,0:04:20.910 and they became far less attuned 0:04:20.910,0:04:23.763 to all those different features of the situation, 0:04:23.763,0:04:26.483 including that flip of a coin 0:04:26.483,0:04:28.661 that had randomly gotten them into 0:04:28.661,0:04:31.771 that privileged position in the first place. 0:04:31.771,0:04:34.425 And that's a really, really incredible insight 0:04:34.425,0:04:40.082 into how the mind makes sense of advantage. 0:04:40.082,0:04:42.116 Now this game of Monopoly can be used 0:04:42.116,0:04:45.079 as a metaphor for understanding society 0:04:45.079,0:04:48.352 and its hierarchical structure, wherein some people 0:04:48.352,0:04:50.528 have a lot of wealth and a lot of status, 0:04:50.528,0:04:52.358 and a lot of people don't. 0:04:52.358,0:04:55.153 They have a lot less wealth and a lot less status 0:04:55.153,0:04:58.328 and a lot less access to valued resources. 0:04:58.328,0:05:01.426 And what my colleagues and I for[br]the last seven years have been doing 0:05:01.426,0:05:05.572 is studying the effects of these kinds of hierarchies. 0:05:05.572,0:05:08.948 What we've been finding across dozens of studies 0:05:08.948,0:05:12.167 and thousands of participants across this country 0:05:12.167,0:05:16.622 is that as a person's levels of wealth increase, 0:05:16.622,0:05:23.012 their feelings of compassion and empathy go down, 0:05:23.012,0:05:26.706 and their feelings of entitlement, of deservingness, 0:05:26.706,0:05:31.224 and their ideology of self-interest increases. 0:05:31.224,0:05:33.343 In surveys, we found that it's actually 0:05:33.343,0:05:35.192 wealthier individuals who are more likely 0:05:35.192,0:05:38.353 to moralize greed being good, 0:05:38.353,0:05:40.157 and that the pursuit of self-interest 0:05:40.157,0:05:42.856 is favorable and moral. 0:05:42.856,0:05:44.737 Now what I want to do today is talk about 0:05:44.737,0:05:49.466 some of the implications[br]of this ideology self-interest, 0:05:49.466,0:05:52.057 talk about why we should[br]care about those implications, 0:05:52.057,0:05:54.995 and end with what might be done. 0:05:54.995,0:05:57.389 Some of the first studies that we ran in this area 0:05:57.389,0:05:59.105 looked at helping behavior, 0:05:59.105,0:06:01.203 something social psychologists call 0:06:01.203,0:06:03.370 pro-social behavior. 0:06:03.370,0:06:05.809 And we were really interested in who's more likely 0:06:05.809,0:06:08.370 to offer help to another person, 0:06:08.370,0:06:11.481 someone who's rich or someone who's poor. 0:06:11.481,0:06:15.991 In one of the studies, we bring in rich and poor 0:06:15.991,0:06:18.275 members of the community into the lab 0:06:18.275,0:06:21.677 and give each of them the equivalent of 10 dollars. 0:06:21.677,0:06:23.489 We told the participants 0:06:23.489,0:06:25.858 that they could keep these 10 dollars for themselves, 0:06:25.858,0:06:27.834 or they could share a portion of it, 0:06:27.834,0:06:29.797 if they wanted to, with a stranger 0:06:29.797,0:06:31.300 who is totally anonymous. 0:06:31.300,0:06:34.258 They'll never meet that stranger and[br]the stranger will never meet them. 0:06:34.258,0:06:37.554 And we just monitor how much people give. 0:06:37.554,0:06:39.518 Individuals who made 25, sometimes 0:06:39.518,0:06:41.907 under 15,000 dollars a year, 0:06:41.907,0:06:44.242 gave 44 percent more of their money 0:06:44.242,0:06:45.494 to this stranger 0:06:45.494,0:06:47.680 than did individuals making 150, 0:06:47.680,0:06:50.727 200,000 dollars a year. 0:06:50.727,0:06:53.290 We've had people play games 0:06:53.290,0:06:56.445 to see who's more or less likely to cheat 0:06:56.445,0:06:58.899 to increase their chances of winning a prize. 0:06:58.899,0:07:01.573 In one of the games, we actually rigged a computer 0:07:01.573,0:07:04.257 so that die rolls over a certain score 0:07:04.257,0:07:05.381 were impossible. 0:07:05.381,0:07:08.366 You couldn't get above 12 in this game, 0:07:08.366,0:07:11.478 and yet, the richer you were, 0:07:11.478,0:07:13.405 the more likely you were to cheat in this game 0:07:13.405,0:07:17.241 to earn credits toward a $50 cash prize, 0:07:17.241,0:07:20.963 sometimes by three to four times as much. 0:07:20.963,0:07:23.213 We ran another study where we looked at whether 0:07:23.213,0:07:26.219 people would be inclined to take candy 0:07:26.219,0:07:29.111 from a jar of candy that we explicitly identified 0:07:29.111,0:07:31.135 as being reserved for children 0:07:31.135,0:07:34.747 —(Laughter)— 0:07:34.747,0:07:36.464 participating, I'm not kidding, 0:07:36.464,0:07:39.254 I know it sounds like I'm making a joke, 0:07:39.254,0:07:41.328 we explicitly told participants 0:07:41.328,0:07:43.381 this jar of candy's for children participating 0:07:43.381,0:07:45.680 in a developmental lab nearby. 0:07:45.680,0:07:47.852 They're in studies. This is for them. 0:07:47.852,0:07:51.527 And we just monitored how[br]much candy participants took. 0:07:51.527,0:07:53.047 Participants who felt rich 0:07:53.047,0:07:54.429 took two times as much candy 0:07:54.429,0:07:57.149 as participants who felt poor. 0:07:57.149,0:08:00.277 We've even studied cars, 0:08:00.277,0:08:02.037 not just any cars, 0:08:02.037,0:08:04.919 but whether drivers of different kinds of cars 0:08:04.919,0:08:08.391 are more or less inclined to break the law. 0:08:08.391,0:08:11.069 In one of these studies, we looked at 0:08:11.069,0:08:15.080 whether drivers would stop for a pedestrian 0:08:15.080,0:08:18.079 that we had posed waiting to cross at a crosswalk. 0:08:18.079,0:08:19.966 Now in California, as you all know, 0:08:19.966,0:08:22.335 because I'm sure we all do this, 0:08:22.335,0:08:26.371 it's the law to stop for a pedestrian[br]who's waiting to cross. 0:08:26.371,0:08:28.164 So here's an example of how we did it. 0:08:28.164,0:08:30.649 That's our confederate off to the left 0:08:30.649,0:08:31.978 posing as a pedestrian. 0:08:31.978,0:08:36.212 He approaches as the red truck successfully stops. 0:08:36.212,0:08:38.546 In typical California fashion, it's overtaken 0:08:38.546,0:08:40.959 by the bus who almost runs our pedestrian over. 0:08:40.959,0:08:42.454 (Laughter) 0:08:42.454,0:08:44.367 Now here's an example of a more expensive car, 0:08:44.367,0:08:46.182 a Prius, driving through, 0:08:46.182,0:08:50.197 and a BMW doing the same. 0:08:51.620,0:08:53.659 So we did this for hundreds of vehicles 0:08:53.659,0:08:56.475 on several days, 0:08:56.475,0:08:59.195 just tracking who stops and who doesn't. 0:09:00.543,0:09:02.860 What we found was that as the expensiveness 0:09:02.860,0:09:07.016 of a car increased, 0:09:07.016,0:09:08.969 the driver's tendencies to break the law 0:09:08.969,0:09:10.212 increased as well. 0:09:10.212,0:09:12.827 None of the cars, none of the cars 0:09:12.827,0:09:15.851 in our least expensive car category 0:09:15.851,0:09:17.692 broke the law. 0:09:17.692,0:09:19.962 Close to 50 percent of the cars 0:09:19.962,0:09:22.217 in our most expensive vehicle category 0:09:22.217,0:09:25.474 broke the law. 0:09:25.474,0:09:27.383 We've run other studies finding that 0:09:27.383,0:09:30.735 wealthier individuals are more[br]likely to lie in negotiations, 0:09:30.735,0:09:32.855 to endorse unethical behavior at work 0:09:32.855,0:09:35.616 like stealing cash from the cash register, 0:09:35.616,0:09:40.607 taking bribes, lying to customers. 0:09:40.607,0:09:42.262 Now I don't mean to suggest 0:09:42.262,0:09:43.857 that it's only wealthy people 0:09:43.857,0:09:45.953 who show these patterns of behavior. 0:09:45.953,0:09:48.707 Not at all. In fact, I think that we all, 0:09:48.707,0:09:51.563 in our day-to-day, minute-by-minute lives, 0:09:51.563,0:09:54.443 struggle with these competing motivations 0:09:54.443,0:09:57.403 of when, or if, to put our own interests 0:09:57.403,0:10:00.232 above the interests of other people. 0:10:00.232,0:10:02.491 And that's understandable because 0:10:02.491,0:10:05.131 the American dream is an idea 0:10:05.131,0:10:08.291 in which we all have an equal opportunity 0:10:08.291,0:10:10.295 to succeed and prosper, 0:10:10.295,0:10:12.591 as long as we apply ourselves and work hard, 0:10:12.591,0:10:15.587 and a piece of that means that sometimes, 0:10:15.587,0:10:18.394 you need to put your own interests 0:10:18.394,0:10:22.007 above the interests and well-being[br]of other people around you. 0:10:22.007,0:10:24.178 But what we're finding is that, 0:10:24.178,0:10:26.677 the wealthier you are, the more likely you are 0:10:26.677,0:10:29.315 to pursue a vision of personal success, 0:10:29.315,0:10:31.642 of achievement and accomplishment, 0:10:31.642,0:10:34.929 to the detriment of others around you. 0:10:34.929,0:10:37.817 Here I've plotted for you the mean household income 0:10:37.817,0:10:41.074 received by each fifth and top[br]five percent of the population 0:10:41.074,0:10:43.402 over the last 20 years. 0:10:43.402,0:10:46.050 In 1993, the differences between the different 0:10:46.050,0:10:49.107 quintiles of the population, in terms of income, 0:10:49.107,0:10:51.642 are fairly egregious. 0:10:51.642,0:10:54.270 It's not difficult to discern that there are differences. 0:10:54.270,0:10:57.138 But over the last 20 years, that significant difference 0:10:57.138,0:10:59.466 has become a grand canyon of sorts 0:10:59.466,0:11:02.620 between those at the top and everyone else. 0:11:02.620,0:11:06.204 In fact, the top 20 percent of our population 0:11:06.204,0:11:09.282 own close to 90 percent of the[br]total wealth in this country. 0:11:09.282,0:11:11.372 We're at unprecedented levels 0:11:11.372,0:11:13.890 of economic inequality. 0:11:15.806,0:11:18.085 What that means is that wealth is not only becoming 0:11:18.085,0:11:22.543 increasingly concentrated in the hands[br]of a select group of individuals, 0:11:22.543,0:11:24.943 but the American dream is becoming 0:11:24.943,0:11:26.953 increasingly unattainable 0:11:26.953,0:11:30.147 for an increasing majority of us. 0:11:30.147,0:11:32.367 And if it's the case, as we've been finding, 0:11:32.367,0:11:34.454 that the wealthier you are, 0:11:34.454,0:11:36.935 the more entitled you feel to that wealth, 0:11:36.935,0:11:39.636 and the more likely you are[br]to prioritize your own interests 0:11:39.636,0:11:41.756 above the interests of other people, 0:11:41.756,0:11:44.930 and be willing to do things to serve that self-interest, 0:11:44.930,0:11:46.989 well then there's no reason to think 0:11:46.989,0:11:49.007 that those patterns will change. 0:11:49.007,0:11:50.767 In fact, there's every reason to think 0:11:50.767,0:11:52.380 that they'll only get worse, 0:11:52.380,0:11:53.783 and that's what it would look like 0:11:53.783,0:11:55.460 if things just stayed the same, 0:11:55.460,0:12:00.100 at the same linear rate, over the next 20 years. 0:12:00.100,0:12:02.853 Now, inequality, economic inequality, 0:12:02.853,0:12:04.917 is something we should all be concerned about, 0:12:04.917,0:12:06.660 and not just because of those at the bottom 0:12:06.660,0:12:08.757 of the social hierarchy, 0:12:08.757,0:12:10.844 but because individuals and groups 0:12:10.844,0:12:16.336 with lots of economic inequality do worse, 0:12:16.336,0:12:19.093 not just the people at the bottom, everyone. 0:12:19.093,0:12:21.078 There's a lot of really compelling research 0:12:21.078,0:12:23.941 coming out from top labs all over the world 0:12:23.941,0:12:26.613 showcasing the range of things 0:12:26.613,0:12:28.517 that are undermined 0:12:28.517,0:12:31.141 as economic inequality gets worse. 0:12:31.141,0:12:33.703 Social mobility, things we really care about, 0:12:33.703,0:12:36.461 physical health, social trust, 0:12:36.461,0:12:39.429 all go down as inequality goes up. 0:12:39.429,0:12:41.428 Similarly, negative things 0:12:41.428,0:12:44.021 in social collectives and societies, 0:12:44.021,0:12:46.196 things like obesity, and violence, 0:12:46.196,0:12:47.725 imprisonment, and punishment, 0:12:47.725,0:12:51.866 are exacerbated as economic inequality increases. 0:12:51.866,0:12:54.384 Again, these our outcomes not just experienced 0:12:54.384,0:12:56.169 by a few, but that resound 0:12:56.169,0:12:59.185 across all strata of society. 0:12:59.185,0:13:02.209 Even people at the top experience these outcomes. 0:13:02.209,0:13:05.236 So what do we do? 0:13:05.236,0:13:08.737 This cascade of self-perpetuating, 0:13:08.737,0:13:11.353 pernicious, negative effects 0:13:11.353,0:13:14.793 could seem like something that's spun out of control, 0:13:14.793,0:13:16.681 and there's nothing we can do about it, 0:13:16.681,0:13:19.291 certainly nothing we as individuals could do. 0:13:19.291,0:13:23.324 But in fact, we've been finding 0:13:23.324,0:13:26.405 in our own laboratory research 0:13:26.405,0:13:31.679 that small, small psychological interventions, 0:13:31.679,0:13:34.850 small changes to people's values, 0:13:34.850,0:13:38.150 small nudges in certain directions, 0:13:38.150,0:13:41.669 can restore levels of egalitarianism and empathy. 0:13:41.669,0:13:43.705 For instance, reminding people 0:13:43.705,0:13:45.977 of the benefits of cooperation, 0:13:45.977,0:13:48.865 or the advantages of community, 0:13:48.865,0:13:52.831 cause wealthier individuals to be just as egalitarian 0:13:52.831,0:13:55.320 as poor people. 0:13:55.320,0:13:58.698 In one study, we had people watch a brief video, 0:13:58.698,0:14:03.119 just 46 seconds long, about childhood poverty 0:14:03.119,0:14:06.108 that served as a reminder of the needs of others 0:14:06.108,0:14:08.303 in the world around them, 0:14:08.303,0:14:10.148 and after watching that, 0:14:10.148,0:14:11.862 we looked at how willing people were 0:14:11.862,0:14:15.489 to offer up their own time to a stranger 0:14:15.489,0:14:19.000 presented to them in the lab who was in distress. 0:14:19.000,0:14:22.236 After watching this video, an hour later, 0:14:22.236,0:14:24.652 rich people became just as generous 0:14:24.652,0:14:26.844 of their own time to help out this other person, 0:14:26.844,0:14:29.348 a stranger, as someone who's poor, 0:14:29.348,0:14:31.644 suggesting that these differences are not 0:14:31.644,0:14:33.681 innate or categorical, 0:14:33.681,0:14:35.344 but are so malleable 0:14:35.344,0:14:37.316 to slight changes in people's values, 0:14:37.316,0:14:39.428 and little nudges of compassion 0:14:39.428,0:14:41.236 and bumps of empathy. 0:14:41.236,0:14:42.948 And beyond the walls of our lab, we're even 0:14:42.948,0:14:46.869 beginning to see signs of change in society. 0:14:46.869,0:14:50.220 Bill Gates, one of our nation's wealthiest individuals, 0:14:50.220,0:14:52.015 in his Harvard commencement speech, 0:14:52.015,0:14:54.092 talked about the problem facing society 0:14:54.092,0:14:57.392 of inequality as being the most daunting challenge, 0:14:57.392,0:14:59.988 and talked about what must be done to combat it, 0:14:59.988,0:15:03.301 saying, "Humanity's greatest advances 0:15:03.301,0:15:05.236 are not in its discoveries, 0:15:05.236,0:15:08.541 but in how those discoveries are applied 0:15:08.541,0:15:11.308 to reduce inequity." 0:15:11.308,0:15:13.265 And there's the Giving Pledge, 0:15:13.265,0:15:15.134 in which more than a hundred of our nation's 0:15:15.134,0:15:17.952 wealthiest individuals 0:15:17.952,0:15:21.850 are pledging half of their fortunes to charity. 0:15:21.850,0:15:23.537 And there's the emergence 0:15:23.537,0:15:26.846 of dozens of grassroots movements, 0:15:26.846,0:15:29.411 like We Are The One Percent, 0:15:29.411,0:15:31.489 the Resource Generation, 0:15:31.489,0:15:33.456 or Wealth For Common Good, 0:15:33.456,0:15:36.001 in which the most privileged 0:15:36.001,0:15:37.879 members of the population, 0:15:37.879,0:15:40.697 members of the one percent and elsewhere, 0:15:40.697,0:15:42.598 people who are wealthy, 0:15:42.598,0:15:46.091 are using their own economic resources, 0:15:46.091,0:15:50.245 adults and youth alike, that's[br]what's most striking to me, 0:15:50.245,0:15:51.648 leveraging their own privilege, 0:15:51.648,0:15:53.735 their own economic resources, 0:15:53.735,0:15:56.854 to combat inequality 0:15:56.854,0:15:59.886 by advocating for social policies, 0:15:59.886,0:16:01.737 changes in social values, 0:16:01.737,0:16:04.028 and changes in people's behavior, 0:16:04.028,0:16:07.022 that work against their own economic interests 0:16:07.022,0:16:11.446 but that may ultimately restore the American dream. 0:16:11.446,0:16:13.246 Thank you. 0:16:13.246,0:16:17.246 (Applause)