TED Talks

Nick Hanauer: The dirty secret of capitalism -- and a new way forward (2019x195)

Air date: Sep 13, 2019

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.