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1
Intro
2
I am a capitalist
3
Rich capitalists have never been richer
4
Rich people are smarter
5
The dirty secret
6
neoliberal policies
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widening inequality
8
neoliberal economic theory
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what we now know
10
where did we go wrong
11
neoliberal economic assumption 1
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wages dont kill jobs
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the second assumption
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people are not paid
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the third assumption
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Homoeconomicus
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Cooperation not selfishness
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Humanitys economic superpower
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Where prosperity comes from
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As we become more prosperous
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The old economics is correct
22
Successful economies are not jungles
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Markets create problems
24
Inclusion creates economic growth
25
Purpose of the corporation
26
Rule for greed
27
economics are a choice
28
now neoliberal economic theory
29
join the 99
30
a new strategy
Description:
Explore a thought-provoking TED Talk that challenges the conventional wisdom of capitalism and proposes a new economic paradigm. Delve into entrepreneur Nick Hanauer's dismantling of the "greed is good" mantra, which he argues is not only morally corrosive but scientifically flawed. Discover how rising inequality and political instability are linked to decades of misguided economic theory. Learn about a fresh economic perspective based on reciprocity and cooperation, examining the flaws in neoliberal assumptions about wages, compensation, and human behavior. Understand the importance of inclusion in driving economic growth and the true purpose of corporations. Gain insights into how cooperation, rather than selfishness, has been humanity's economic superpower throughout history. Consider the implications of viewing successful economies as ecosystems rather than jungles, and explore how markets can create problems that require intervention. Reflect on the idea that economics is a choice and how a new strategy focused on the 99% could reshape our economic future. Read more

The Dirty Secret of Capitalism and a New Way Forward

TED
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