Wealthy Nick Hanauer warns fellow rich people: pitchforks are coming for America's economic elite !
He claims rising inequality endangers the plutocrat class, and we must raise the minimum wage -- Unless rank & file workers earn more (and thus shop more), class war will surely destroy "the filthy rich" ...
Hanauer urges the predatory megarich to invest in the middle class. Otherwise he sees unsustainable capitalistic concentration leading to uprising, physically endangering the upper crust. Surely now our society wastes huge talent, but Revolution will tragically damage further good, productive people. Hanauer calls for counter-intuitive collective action, perpetuating America's social Darwinism. But malicious pitchforks are the more likely future -- however wrongheaded, illegal & cruel.
http://www.politico.com/magazine/story/2014/06/the-pitchforks-are-coming-for-us-plutocrats-108014.html
He claims rising inequality endangers the plutocrat class, and we must raise the minimum wage -- Unless rank & file workers earn more (and thus shop more), class war will surely destroy "the filthy rich" ...
Hanauer urges the predatory megarich to invest in the middle class. Otherwise he sees unsustainable capitalistic concentration leading to uprising, physically endangering the upper crust. Surely now our society wastes huge talent, but Revolution will tragically damage further good, productive people. Hanauer calls for counter-intuitive collective action, perpetuating America's social Darwinism. But malicious pitchforks are the more likely future -- however wrongheaded, illegal & cruel.
http://www.politico.com/magazine/story/2014/06/the-pitchforks-are-coming-for-us-plutocrats-108014.html
