Radical Chic
Bankrolling the revolution from your penthouse because it looks good at the party. Tom Wolfe clocked it.
Grounded in the research on Radical chic (Wikipedia)
What it is
Radical chic is when rich, high-status people back radical politics for the social clout, not the conviction. Coined by Tom Wolfe in his essay "Radical Chic: That Party at Lenny's," published in New York magazine on June 8, 1970. The move: stay invested in the cause exactly as far as it boosts your standing in moneyed, name-conscious society, no further.
The party that named it
January 14, 1970. Composer Leonard Bernstein and his wife Felicia Montealegre throw a fundraiser in their Park Avenue duplex for the Panther 21, Black Panthers facing trial. Tuxedos, canapes served by uniformed staff, Black Panthers in the living room. Wolfe sat there and roasted the mismatch: revolutionaries being catered to by the elite they want to overthrow.