Zillionaire To Other Zillionaires: 'Pay Up' - Publication Date |
- Sep 04, 2017
- Episode Duration |
- 00:34:53
You probably don't know our guest Nick Hanauer, but he has more money than you. As a self-proclaimed "unapologetic capitalist," he deals in millions the way many Americans deal in hundreds ... or tens. A few years ago, Hanauer called on his fellow one percenters to address America's growing income inequality, in an article for Politico. "If we don't do something to fix the glaring inequalities in this economy, the pitchforks are going to come for us," he writes. "You show me a highly unequal society, and I will show you a police state. Or an uprising. There are no counterexamples. None." His advice hasn't exactly been heeded. And now he's telling the super-wealthy to pay workers more to avoid an uprising. Thing is, is anyone listening?