Published on Aug 12, 2014

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.

Also see One percenter warns fellow rich about the coming revolution over wealth inequality and Capital in the Twenty-First Century

Nick Hanauer At TED: Beware, fellow plutocrats, the pitchforks are coming