How Should We Distribute Our Wealth?
By
NPR/TED Staff |
NPR
Friday, February 6, 2015
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Nick Hanauer says increasing the minimum wage would be good for the poor and the super rich.
Ryan Lash
/
TED
Part 5 of the TED Radio Hour episode Seven Deadly Sins
About Nick Hanauer's TED Talk
Nick Hanauer is a rich guy with several houses, but is he greedy? He argues that an increase in minimum wage would be good for everyone.
About Nick Hanauer
Nick Hanauer has led or funded more than 30 companies across a range of industries. A "proud and unapologetic capitalist," he has also been looking at our growing inequality gap, and the way it damages our democracies. In 2013, Hanauer published a commentary in Bloomberg BusinessWeek proposing a $15 minimum wage. Hanauer believes if societal inequality is allowed to grow unchecked, modern societies could start looking like pre-Revolutionary France.
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