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

08-12-2014 • http://www.ted.com

Nick Hanauer is a rich guy, an unrepentant capitalist ? and he has something to say to his fellow plutocrats: Wake up! Growing inequality is about to push our societies into conditions resembling pre-revolutionary France. Hear his argument about why a dramatic increase in minimum wage could grow the middle class, deliver economic prosperity ... and prevent a revolution.

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