Sunday, August 17, 2014

Beware, Fellow Plutocrats, The Pitchforks Are Coming

Staff Writer, R. Patrick Chapman
Corporations / Economics

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.
But will anyone listen?

Source: TED