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Saturday, May 12, 2018
VIDEO: "Rich people don't create jobs" says multi-millionaire Nick Hanauer at his banned TED Talk
"As the war over income inequality wages on, super-rich Seattle entrepreneur Nick Hanauer has been raising the hackles of his fellow 1-percenters, espousing the contrarian argument that rich people don't actually create jobs.
The position is controversial — so much so that TED is refusing to post a talk that Hanauer gave on the subject.
National Journal reports today that TED officials decided not to put Hanauer's March 1 speech up online after deeming his remarks "too politically controversial" for the site..." Via Business Insider."
Thanks for the link, Sackerson. In this talk he argues that: " Programs like a reasonable minimum wage, affordable healthcare, paid sick leave, and the progressive taxation necessary to pay for the important infrastructure necessary for the middle class like education, R and D, these are indispensable tools shrewd capitalists should embrace to drive growth." That's a very good start but it doesn't go far enough towards democratic socialism in my view.
2 comments:
Hanauer was allowed a later talk on the same theme:
https://en.wikipedia.org/wiki/Nick_Hanauer#TED_Talk_controversy
https://www.ted.com/talks/nick_hanauer_beware_fellow_plutocrats_the_pitchforks_are_coming
Thanks for the link, Sackerson. In this talk he argues that: " Programs like a reasonable minimum wage, affordable healthcare, paid sick leave, and the progressive taxation necessary to pay for the important infrastructure necessary for the middle class like education, R and D, these are indispensable tools shrewd capitalists should embrace to drive growth." That's a very good start but it doesn't go far enough towards democratic socialism in my view.
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