The dirty secret of capitalism | Nick Hanauer
TED Business - A podcast by TED - Luni
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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.No lesson this week as we prepare for the new season, but we'll be back again soon. Hosted on Acast. See acast.com/privacy for more information.
