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The dirty secret of capitalism | Nick Hanauer
Manage episode 297258021 series 12006
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.
428 episodes
Manage episode 297258021 series 12006
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.
428 episodes
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