The dirty secret of capitalism | Nick Hanauer
TED Business
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Introduction
Nick hanhouer is an incredibly successful entrepenor and venture capitalist. He lays out five rules of a more sustainable economic system, one powered by reciprocity and co operation. Over the last 30 years in the usa alone, the top one % has grown 21 trillion dollars richer while the bottom 50 % have grown 900 billion dollars poorer. We could choose to enact economic policies that raise taxes on the rich, regulate powerful corporations or raise wages for workers. But neal liberal economists would warn that all of these policies would be a terrible mistake.
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