The dirty secret of capitalism | Nick Hanauer
TED Business
00:00
What Is Neo Liberal Economic Theory?
Economics has been described as the dismal science, and for a good reason. A growing number of academics have concluded that neo liberal economic theory is dangerously wrong. What we now know is that the economics that made me so rich isn't just wrong, it's backwards. It turns out it isn't capital that creates economic growth, but people. And it isn't competition that produces our prosperity, it's co operation.
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