Nick Hanauer gave testimony to the US Senate Banking Committee on June 6th. He talked about income inequality and the myth that the wealthy entrepreneurs are the job creators. He likens his perspective to Galileo’s when Galileo said that the earth is not the center of the universe. The wealthy are not the center of our society and the sooner we realize it the sooner we can get past this anachronistic worshiping of the “Invisbile Hand”, free market mindset. We can have a more just society only when we give up this myth.
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This is a video of Nick Hanauer giving a TED talk on this subject in May of last year.