Venture Capitalist Nick Hanauer Dismantles the Trickle Down Myth


The Laura Flanders Show

Published on May 13, 2016

“What that means is a thriving middle class is the source of growth in a technological capitalist economy not an effect of it. Not a consequence of it. Which means that raising the minimum wage isn’t bad for capitalism, even though it may inconvenience a few capitalists in particular, it’s indispensable to capitalism.” – Nick Hanauer, Venture Capitalist and Author

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