The Problem With Billionaires And True Net Worth

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C1 English listening practice · American English · Curated for advanced learners

💡 Did you know?

What does “pitchforks” mean in American English politics?

pitchforks
When anger becomes a pitchfork
Not actual farm tools — “pitchforks” means the anger of ordinary people that builds up when the gap between rich and poor gets too big.

A pitchfork is a long farm tool with sharp points. But in news and politics, “pitchforks” means something else: the deep anger of ordinary people who feel the wealthy have too much. The image comes from old stories of angry crowds carrying torches and pitchforks against the powerful. Today you see the word with no crowd at all — just as a sign that the public has had enough. “That gap is why there are pitchforks.”

In this clip, a Forbes journalist argues that the richest billionaires give very little to charity. He says the gap between what they own and what they give “is why there are pitchforks” — meaning that gap explains why so many people are angry at the ultra-rich. You will see this pattern often in political writing: “If wages keep falling, there will be pitchforks.” It does not mean a real weapon. It means people are close to rising up against the powerful. The image comes from old pictures of angry crowds marching on the homes of the rich. Today writers use it as a quick way to say: the public has had enough. The literal meaning still exists — farmers use pitchforks every day. But when you read “pitchforks” in a news article about inequality or protest, the non-literal meaning is almost always what the writer means.

From TED on YouTube.Watch original

Vocabulary frequency

How common is the vocabulary in this C1 English listening practice listening practice?

86.6%
of words are in the top 2,000 most common English words
Based on this reel’s transcript, most of the vocabulary is high-frequency, everyday English.

General English frequency

79.6%
Top 1,000
86.6%
Top 2,000
92.3%
Top 5,000

Spoken English frequency

89.7%
Top 1,000
94.5%
Top 2,000
100%
Top 5,000
👄 Conversational vocabulary
This reel’s words appear more often in subtitle-based spoken-English data than in general usage, so it may feel closer to everyday conversation.

Words above this video’s level

Quick glosses for vocabulary that goes beyond this video’s C1 level.

aspirational
Rare / outside top 5,000
having ambitions or goals
cardiogram
Rare / outside top 5,000
a record of heart activity
give while you live
donate during your lifetime

Source: wordfreq 3.1.1 (general) · SUBTLEX-US 2012 (spoken). Buckets approximate; exact ranks not stored.

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