Sunday, August 31, 2014

TED Talk: 'Unrepentant Capitalist' Supports Dramatic Increase in Minimum Wage

When members of  the Interfaith Hunger Coalition met with candidates for the New Mexico House of Representatives in August, there was a discussion of systemic change. We agreed that an important step to address the root causes of hunger, which is poverty, was to raise the minimum wage. At our session at All Saints Lutheran Church, Rev. Donna McNiel, director of the New Mexico Conference of Churches, recommended the following 20-minute video from TED talks.

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.

(This talk was presented at an official TED conference, and was featured by our editors on the home page).

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