The Money with Katie Show A Masterclass in Connecting Status, Power, & the Economy with Tressie McMillan Cottom
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Jun 25, 2025 
Dr. Tressie McMillan Cottom, a renowned sociologist and MacArthur Genius, dives into the gaps between economic indicators and everyday experiences. She explores how societal values shape perceptions of status and how personal narratives reveal the intricacies of class and power. Tressie also tackles the disconnect between political narratives and the struggles faced by the middle class, along with the impact of beauty standards on empowerment. The conversation highlights the challenges Black women face in capitalism and critiques how cultural phenomena influence identity and politics.
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Folk Economics Reveal Real Hardship
- Economic indicators like GDP growth do not capture everyday friction experienced by people.
- People's folk economics reflect real hardship despite reported economic gains.
Reality vs Economic Narratives
- People intuitively recognize economic struggles missed by official metrics.
- Politicians benefit from obscuring true economic conditions using simplistic narratives.
Bama Rush as Economic Status Symbol
- Bama Rush TikTok highlights a nostalgia for traditional femininity linked to economic status.
- This shows neoliberal feminism's accommodation of capitalism and reveals conservative gender roles resurging.
