TED: Nick Hanauer: Beware, fellow plutocrats, the pitchforks are coming - Nick Hanauer (2014)




TED Talks Daily (SD video) show

Summary: Nick Hanauer is a rich guy, an unrepentant capitalist — and he has something to say to his fellow plutocrats: Wake up! Growing inequality is about to push our societies into conditions resembling pre-revolutionary France. Hear his argument about why a dramatic increase in minimum wage could grow the middle class, deliver economic prosperity ... and prevent a revolution.