Got those income inequality blues, dude.
You have no doubt watched, or at least heard of, the TED Talk videos. TED is a nonprofit, “devoted to Ideas Worth Spreading” and the TED.com website has compiled more than 900 short lectures — stimulating, provocative stuff from some creative, often quite brilliant, people.
Recently, however, the TEDnics in charge sparked considerable controversy, and some complaints of censorship, by refusing to post a talk by venture capitalist Nick Hanauer.
So what got Hanuer’s talk banned? Why it seems this very wealthy and hugely successful venture capitalist questioned what in 1 Per Cent circles is the holiest of holies — the proposition that, “If taxes on the rich go up, job creation will go down.” Hanuer doesn’t buy it. And he’s got charts and data to back his apostasy up.