|Self described plutocrat Nick Hanauer gives stark warning to 1%|
Nick Hanauer, a self described plutocrat has some advice for his fellow plutocrat buddies.
In this interesting TED Talk entitled "Beware, fellow plutocrats, the pitchforks are coming" Nick explains why he feels Trickle-down Economics does not work and he has a grim prediction for humanity if the prosperity inequality continues on its current track.
Mr Hanauer predicts America will reach a point resembling "pre-revolutionary France". And we all know what comes after that!
Watch the full TED talk video below.