logo
episode-header-image
Jul 2021
16m 35s

The dirty secret of capitalism | Nick Ha...

TED
About this episode

Rising inequality and growing political instability are the direct result of decades of bad economic theory, says entrepreneur Nick Hanauer. In a visionary talk, he dismantles the mantra that "greed is good"—an idea he describes as not only morally corrosive, but also scientifically wrong—and lays out a new theory of economics powered by reciprocity and cooperation.

No lesson this week as we prepare for the new season, but we'll be back again soon.



Hosted on Acast. See acast.com/privacy for more information.

Up next
Oct 9
How Texas became America’s biggest producer of wind energy | Speed & Scale
This is the surprising story of how Texas – rich in oil and gas – became America's biggest producer of wind energy. For our first episode, Ryan and Anjali talk with Pat Wood, once George W. Bush’s right hand man and head of Texas's Public Utility Commission, to uncover the innova ... Show More
27m 2s
Oct 6
How to get people to do what you want | Barry Sonnenfeld
As a film and television director, Barry Sonnenfeld had millions of dollars riding on his ability to get his cast and crew to play along — and much of what he learned along the way applies to everyday life. Here, he shares nine bits of wisdom and whimsy gleaned from 40 years in e ... Show More
16m 27s
Sep 29
Why good people become bad bosses | Jamie Woolf and Christopher Bell
You’ve probably had a bad boss, but you might not realize how easy it is to become one. Leadership experts Jamie Woolf and Christopher Bell unpack “power blindness” — how authority can warp your perspective — and share smart, practical ways to break the cycle of toxic bosses for ... Show More
15m 40s
Recommended Episodes
Sep 2019
The dirty secret of capitalism -- and a new way forward | Nick Hanauer
Rising inequality and growing political instability are the direct result of decades of bad economic theory, says entrepreneur Nick Hanauer. In a visionary talk, he dismantles the mantra that "greed is good" -- an idea he describes as not only morally corrosive, but also scientif ... Show More
17m 5s
Feb 2023
Jan Toporowski Explains Why Capitalists Dislike Full Employment
In the wake of the Great Financial Crisis, the work of John Maynard Keynes experienced a revival, as people sought answers to the problem of sluggish growth. In this cycle, sluggish growth isn't the problem. If anything, you hear business leaders and central bankers talking about ... Show More
37m 39s
Oct 2023
How neoliberalism turned the work ethic against workers (with Elizabeth Anderson)
The majority of U.S. workers aren’t compensated anywhere near the value that they actually create for society, while the few who make the most money often work the least and contribute very little. Decades of neoliberal thinking has twisted one of the foundational American belief ... Show More
46m 45s
Apr 2023
Capitalism Remains Undefeated!
Rainer Zitelmann is the author of “In Defense of Capitalism: Debunking the Myths.” He joins to make a plea for free markets and economic freedom, and counters the most common arguments against capitalism.   “How Nazis Thought About Economics”  https://www.patreon.com/posts/how-na ... Show More
1h 1m
Dec 2023
Vikash Yadav - Liberalism's Last Man
"What about our system of liberal meritocratic capitalism is good and useful? What about it is worth preserving, expanding and fixing, so that we can be prepared for the challenges that are coming?" Professor Vikash Yadav joins Cole to discuss his book, "Liberalism's Last Man". T ... Show More
1h 21m
Jan 2024
Brevan Howard's Top Economist Sees Three Huge Macro Turning Points Under Way
Right now, there's a lot of hope and optimism that the US economy is on a path towards a soft landing. Nonetheless, there are aspects of the current landscape that are unsettling. Inflation has come down, but there's significant debate as to why and how sustainable that move is. ... Show More
51m 16s
Nov 2019
A Nobel Prize Winner on Rethinking Poverty (and Business)
Esther Duflo, an MIT economist, won the 2019 Nobel Prize in Economic Sciences for her experimental approach to alleviating global poverty. Duflo’s early life working at a non-governmental organization in Madagascar and volunteering in soup kitchens in her native France inspired h ... Show More
27m 32s
Jan 2019
Why Capitalism Needs Journalism
Pulitzer Prize-winning journalist Steven Pearlstein drops by to talk with Kate & Luigi about the incredible shrinking newspaper -- especially the business section -- and why that's bad for the economy. His new book "Can American Capitalism Survive?" argues that the mantra of “max ... Show More
34 m
Jul 2021
Best Buy’s Hubert Joly on Walking the Talk of Stakeholder Capitalism
Hubert Joly, former chairman and CEO of Best Buy, says that now is the time for companies to get serious about operating to benefit not just shareholders but also employees, customers and broader society. In the face of environmental crisis, racial turmoil, and rising economic in ... Show More
27m 20s