Venture capitalist Nick Hanauer is 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.
Further Viewing:
Majority Report: Venture Capitalist Nick Hanauer Discusses How Trickle Down Economics Fails to Create Job Growth
Nick Hanauer: Saving American Capitalism
Venture capitalist and TED Talks sensation, Nick Hanauer, explains why capitalists should be the most concerned about the staggering rise in U.S. economic inequality and the struggling middle class.