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The dirty secret of capitalism -- and a new way forward | Nick Hanauer
TED Talks Daily (HD video)
English - September 13, 2019 14:54 - ★★★★ - 740 ratingsEducation Technology ted tedtalks ted talks inspiration creativity tech demo education Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Community-powered criminal justice reform | Raj Jayadev
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.