The dirty secret of capitalism | Nick Hanauer
Rising inequality and growing political instability are the direct result of decades of bad economic theory, says entrepreneur Nick Hanauer.
TED Business · TED
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Show Notes
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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