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Then we hear the speech that the conference forum TED (Technology – Entertainment – Design) did not want to release to the public because they considered it too controversial in a political year, but were forced to do so by popular demand, making it available at TED.com where it has since gone viral.
The banned then unbanned speaker, Nick Hanauer, a serial entrepreneur who was the first non-family investor in Amazon.com, joins us to share his ideas about what is wrong with American capitalism and how to fix it. A member of the 1%, his arguments eviscerate Mitt Romney’s and Paul Ryan’s trickle-down economic ideology and budget plans that insist the wealthy should not be taxed because they are the job creators. Nick Hanauer is the author of the new book “The Gardens of Democracy”.
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