DiscoverTED Talks DailyThe dirty secret of capitalism -- and a new way forward | Nick Hanauer
The dirty secret of capitalism -- and a new way forward | Nick Hanauer

The dirty secret of capitalism -- and a new way forward | Nick Hanauer

Update: 2019-09-13109
Share

Description

Rising inequality and growing political instability are the direct result of decades of bad economic theory, says entrepreneur Nick Hanauer. In a visionary talk, he dismantles the mantra that "greed is good" -- an idea he describes as not only morally corrosive, but also scientifically wrong -- and lays out a new theory of economics powered by reciprocity and cooperation.
Comments (7)

Katarina Frances

anyone else wanna smack this guy?

Sep 24th
Reply

Anton Nb

Nothing new ..

Sep 16th
Reply

Ian Kusabs

llplpplppliiu no I'm mrxllokkrt io me fub be u..moI'm xoo lil while o main imo

Sep 15th
Reply

Terrence Madzikwa

The Frankfurt school did give a comprehensive critic of capitalism decades ago. Should we really be surprised

Sep 13th
Reply

Rachel Shepherd

To the vast majority of us none of this is new information and has been obvious for some time now.

Sep 13th
Reply

Jason Reinhardt

sounds great and all.... but the money holding power chips on the table are not going to pay out people doing work middle class and take cuts to their profits... it's a slave system currently... but they don't call it that because they pay you

Sep 13th
Reply (1)
loading
In Channel
Download from Google Play
Download from App Store
00:00
00:00
1.0x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

The dirty secret of capitalism -- and a new way forward | Nick Hanauer

The dirty secret of capitalism -- and a new way forward | Nick Hanauer

Nick Hanauer