| Super-successful tech investor/entrepreneur Nick Hanauer doesn’t see fair pay as charity. A passionate, early advocate for the $15/hour minimum wage, his 2013 essay explained, "In a capitalist system, rising inequality creates a death spiral of falling demand that ultimately takes everyone down.” Nick is known to state, “Trickle-down economics is a lie,” “GDP is a horrible measure of prosperity and growth,” and other disruptive, accurate ideas. In studying IRS tax tables and finding that, since 1980, the wealthiest Americans had nearly tripled their share of national income while the poorest 50 percent had lost about a third of their share, he told Forbes, "If you…assume that trend continues for another 30 years, democracy and capitalism would just collapse.” A fan of “middle-out economics,” tax and other policies that induce middle class market demand, Nick insists you can move people who care about others but are trying to make ends meet by reaching them through their own self-interest. That’s the core of ASBC’s high-road business philosophy — and a big topic at our Summit, Dec. 10-11 — which is why we’re so pumped that Nick has made a video to support the Summit. Please take a couple of minutes right now to watch Nick’ two-minute video at http://bit.ly/2LgLQsI And then register for the Summit, to be part of “Making Capitalism Work for All.” Now’s the time! | |
