Posted in A Bit of This, A Bit of That

The Inequality Speech That TED Won’t Show You – Restoration Roundtable

In a capitalist economy, the true job creators are consumers, the middle class. And taxing the rich to make investments that grow the middle class, is the single smartest thing we can do for the middle class, the poor and the rich.

via The Inequality Speech That TED Won’t Show You – Restoration Roundtable.

As Mr. Spock would say, “fascinating.”

And true.

Author:

Writer, Walker, Entrepreneur, baby-boomer

3 thoughts on “The Inequality Speech That TED Won’t Show You – Restoration Roundtable

  1. Of course, this is not a new idea at all. I seem to remember Henry Ford frequently cited as an example: his automated factories made cars the employees that built them could afford.

    I found TED’s justification for dropping Hanauer and his speech laughable. To quote his material:
    “This idea is an article of faith for republicans and seldom challenged by democrats and has shaped much of today’s economic landscape.”
    While he may be putting more blame on the GOP– he’s not letting Dems off the hook, either.

    But here’s TED Curator Chris Anderson’s response:
    “Your argument comes down firmly on the side of one party. And you even reference that at the start of the talk. TED is nonpartisan and is fighting a constant battle with TEDx organizers to respect that principle….”

    AHAHAHAHAHAHA

    Let’s see if I say this like a good Hugo Weaving as Agent Smith: “Misterrrrrrrr Anderson… I am not a fool. You’re worried that Misterr Hanauer is going to piss off your corporate supporters, possibly some of them present or future speakers.”

    But Chris Anderson is not Neo. And I think it’s apparent corporate cronyism has corrupted our political process, really. Hanauer might as well be saying “let’s bust some partisan heads” but… c’mon, that’s a partisan statement? This Independent calls shenanigans. Err, okay, it’s anti-partisan and therefore partisan. Whatever. Let’s bust some partisan heads.

      1. It’s interesting as I was discussing it with a friend at various times, including just the other day. He more or less said it was important to grow the middle class and their relative share of taxes should be less. The very wealthy tend to offshore their wealth, and so their money affects the local economy even less than it would otherwise.

        He also said the GOP seems bent on repeating the history of the Gilded Age. Again, I personally believe both major parties are culpable, but I did remember he said he was once a member of the party and more or less left with “Southern vote” shifts that happened in recent decades.

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