Descriptions:
Visit http://TED.com to get our entire library of TED Talks, subtitles, translations, personalized Talk recommendations and more.
Visit http://TED.com to get our entire library of TED Talks, subtitles, translations, personalized Talk recommendations and more.
That was refreshing to hear. Too bad the ruling class will not buy into that ideology.
After fact checking, it appears that this is misinformation. Every study has shown that minimum wage increase has had a negative effect on those who it was intended to help. This has been confirmed with countless min wage increases since the 1970's. As a wealthy person, Nick will benefit from a more socialist society. Crony capitalism, that benefits the rich, is a problem, not capitalism itself. Of course people are important and community is important. Presenting economics this way would appear to be more of a brainwashing exercise than real information. Would love to see the facts that back up these claims along with the authors and investigations into bias. Even to suggest that when something in the economy goes up, something else does not go down is more evidence of brainwashing rather than fact. Having said that, economics is not equal not will it ever be. So many false narratives here. Fact check everything. Not enough space to go over everything.
Fantastic. I wish I could force tucker to sit down and watch this and then issue a response.
Capitalism is "an economic system in which a country's trade and industry are controlled by private owners for profit, rather than the state."
The problem is the state is now owned by the private Elite so by definition Capitalism doesn't exist in modern western society, it has morphed into corporatism…
He was talking and describing communism for 17 mins without mentioning that. If he comes from science side, you need to be honest – Karl Marks. I am sorry for those who freaked out straight away.
It's too bad that Nick Hanauer never read the book "THE NEW ECONOMICS" by W. Edwards Deming, published in 1993. If he did, he'd realize that W. Edwards Deming was THE TRUE INNOVATOR in this field starting in the early 1950s in Japan. W. Edwards Deming proved his worth in the 1980s at the Ford Motor Company, when they implemented his teachings. The message of "QUALITY IS JOB 1" was the motto of Ford's turnaround with the Taurus and Sable in the 1980s.
He successfully talked about communism for 17 minutes without mentioning it. Didn’t he read marx? If no, It's sad.
Would love for the world to move forward but forget going backwards, at this rate it’ll meet it’s end.
You have it backwards. What they negotiate is what their worth! They are not worth more than what some unrelated party would pay them, all other things being equal.
this is literally just communism for capitalists
After two years I'm going to Google this dude and see if he made good on his theory.
Great talk. Unfortunetly, rich people will never give up their power and money…
Why they maybe the convergent gives every one the same wage and stop the bs same the communism , who are covercapitalism
Thank you sir for your time and valuable information
If big money could not get a woman of your choice and women couldn't build dynasties with it. Why bother with $ accumulation? Nobody ever talks about the elephant in the room. It ain't about the number of pants you can get but litteraly the f@#$ing power it gives.
Capitalist Multi-millionaire: Tell people what they want to hear, make wild claims and memorable quotes, don't provide any scientific sources, make millions of dollars as a capitalist, but refuse to give away money according to your ideology as per public inquiry. Seals & Sheep: [clapping & cheering wildly] Nobody sees the absurdity and hypocrisy? This is the SAME tactic that dictators have used for centuries. They don't amass power and wealth alone, but on the hopes and aspirations of the masses/sheep/seals. –
I find it so funny this entire video describes socialism then ends with the idea that we can somehow choose to make capitalism ethical overnight.
a bunch of words thrown together…more confusion and inaccurate mumbo jumbo.
This is a shining example of an alluring news headline: “MAILMAN BITES DOG”
6:38 — “People are NOT paid what they are worth; they are paid what they have the power to negotiate.” Karl Marx couldn’t have said it better himself.
It's interesting that he claims that liberalism is the problem rather than greedy corporate profiteering
If only some german economist had predicted all this would happen over 100 years ago…….
Sounds like globalist socialism
Neo-Liberal economists??? I’ve only heard conservatives preaching against taxing corporations. And that regulating corporations kills jobs.
白人仲有救
漢人無救了
Excellent. But please stop using 'neoliberal.' It means next to nothing except for in the minds of those who use it. 'Neoliberalism' -misnamed – is just economic conservatism. It has nothing to do with 'liberalism' and is not 'neo,'
Didn't know you just have to be vague and emphatic and use positive adjective for what you propose and negative ones for the one oppose without real saying a single sentence of substance . I guess it works for this guy
The people controlling the media and delivering the message are the 1%
Investers must factor in an In- balance in the augmented reality figures of national economies which will be exposed as a much higher liquidity amount via bitcoin and Cryptocurrencies as well as the Cyber criminal attacks on The Fed/STOCK EXCHANGES in USA/UK
Lets GO!
17:04 the best part of this bullshit
He looks great for someone in his 60s
So why dont we raise the minimum wage to $50/hr?
Economics is a myth…….
Period.
So this guy made a fortune milking the system and now he is a philosopher . Thanks.
all we have to do is 'choose to have it' – well good luck with that