Similar claims that are used a lot, except for by cis-straigh-white-men (for now), is that their favoritism is a form of "Robin Hood" behavior (Literally referencing Robin Hood). Basically, they feel that their particular identity group has been discriminated against in the past, and justify their otherwise unethical behavior as "restoring justice" by "stealing from the rich/those that have much" to "us that have less". A similar statement I've seen is "It's our turn now!"
You will find this everywhere from pickpockets in Thailand, credit card scammers in India all the way to top universities.