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Beware, fellow plutocrats, the pitchforks are coming | Nick Hanauer

TED · talk · Watch on YouTube

Labor, work & inequalityMacroeconomics & financial crises

What it is

Billionaire Nick Hanauer warns fellow wealthy people in a TED talk that growing inequality could lead to social upheaval like pre-revolutionary France. He argues a higher minimum wage would grow the middle class and prosperity.

Why Hacker News recommends it

HN brings it up in inequality, UBI and backlash threads as an early warning from a rich insider.

  • 1 people recommended it
  • 1 different months
  • 0 strong recommendations
  • first 2018, last 2026

What HN commenters said

  1. “Otherwise, pitchforks will be coming for the 1%.”

    Argues pitchforks will come for the wealthy without redistribution

    anon49124, 2018-10 · Recommendation · in “Universal Basic Income Is Silicon Valley’s Latest Scam”

Excerpts from Hacker News comments, linked to the originals. Summaries and labels were written by a language model from those comments.

Topics: nick hanauer, inequality, minimum wage, ted talk, wealth

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