The word "privilege" implies specialness, a worthiness of deferential treatment.
Lots of folks are privileged. Some due to circumstances of their birth, some due to the title they hold, and some as result of extraordinary accomplishment.
Many of the privileged class soak it for all its benefits - access, largess, fame, immunity from the rule of law. Yet, privileged status is a tenuous and thinly veiled facade, conferring absolutely no eternal significance.
The folks I admire most have a clear grasp of this truth. Thus, they strive for equity in the present, knowing full well its certain eventuality.
They not only speak the Golden Rule, they live it.