The dirty secret of capitalism -- and a new way forward

Title:
The dirty secret of capitalism -- and a new way forward
Speaker:
Nick Hanauer
Description:

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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Video Language:
English
Team:
closed TED
Project:
TEDTalks
Duration:
17:03
Format: HTML5
Primary
Original