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Date: 2024-04-25 Page is: DBtxt001.php txt00020676

Economic Dysfunction
Nick Hanauer

TED Talk ... Nick Hanauer ... The dirty secret of capitalism -- and a new way forward

Burgess COMMENTARY

Peter Burgess
Original article: https://www.youtube.com/watch?v=th3KE_H27bs
The dirty secret of capitalism -- and a new way forward | Nick Hanauer



1,659,033 viewsOct 18, 2019

TED 19.6M subscribers

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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.

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The text being discussed is available at
https://www.youtube.com/watch?v=th3KE_H27bs
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