Nick Hanauer: Beware, fellow plutocrats, the pitchforks are coming

Nick Hanauer: Beware, fellow plutocrats, the pitchforks are coming

Assessment

Interactive Video

Business

11th Grade - University

Hard

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The speaker, a self-identified plutocrat, discusses the dangers of rising economic inequality and advocates for a shift from trickle-down economics to middle-out economics. He highlights the importance of a thriving middle class for economic prosperity and suggests that raising the minimum wage can benefit both workers and businesses. The speaker calls for a new form of capitalism that is more inclusive and effective, emphasizing the need for investment in the middle class and infrastructure to ensure long-term prosperity.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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