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/poverty/ - Poverty & Thrift

lifestyles of the poor and thrifty

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YouTube embed. Click thumbnail to play.

 No.14

Banned TED Talk: Nick Hanauer "Rich people don't create jobs"

>Via Business Insider: "As the war over income inequality wages on, super-rich Seattle entrepreneur Nick Hanauer has been raising the hackles of his fellow 1-percenters, espousing the contrarian argument that rich people don't actually create jobs. The position is controversial — so much so that TED is refusing to post a talk that Hanauer gave on the subject. National Journal reports today that TED officials decided not to put Hanauer's March 1 speech up online after deeming his remarks "too politically controversial" for the site…".

 No.21

Is this really that radical in the USA? Or is it because the TED is basically a circlejerk for the rich?

 No.27

>>21
As someone from the US, I am 0% surprised that someone saying these things got their TED talk removed. Talking about class issues or questioning capitalism usually gets you ignored or told to gtfo by most people, even the working class people.

And yeah I think TED has a particular image it wants to cultivate, i.e. richfag circlejerk.

 No.37

It is not a secret either. Small businesses are the life, and soul of a country. If you don't have them you are simply NOT a country.

 No.41

YouTube embed. Click thumbnail to play.
How about this one? Is it BS?

 No.75

>rich people don't create jobs
How retarded are these people?

Who do you think creates jobs then?

Poor people?
No.

Consumers?
This was already debunked years ago. Capital investment is what creates jobs.

Why do these leftist retards try so hard to be enlightening? They're sophists.

 No.94

I'm so sick of living in a society that bases itself on economics and makes economics its primary concern above everything else.

Most jobs have no fucking reason to exist and whole industries are very pointless and toxic to the people.

They keep flooding white nations with more immigrants but there's no reason to have them come here, not even white immigrants should come.

We need to scale back industry, kill the shitskins who keep reproducing so much (whites have a negative birthrate so they're fine), and let everything be relaxed.

Why the fuck should we have to work? There is no reason to work anymore for most of the population. Countless people are out of jobs and it's ridiculously hard to get a job and most jobs are fluff jobs that have no good reason to exist.

We need to change society into one where NEETs become the ideal and people study philosophy and live simply and have fun instead of having to work all the time.

Fuck jobs, fuck job creation, fuck industry, lets scale everything back.

Humans should pursue better things in life than merely working and shitting out more offspring.

 No.95

>>21
It's not fucking radical at all. Vice does more radical stuff and /pol/ would make them shit themselves in fear.

 No.115

>>14
It should be common knowledge.

Corporations have one goal: Make money. These CEOs have no obligation to make jobs for Americans, their only job is to make as much money as possible.

 No.124

>>75
I'm guessing you didn't even bother with the video.

Tell me this. If you're an entrepreneur with money to invest, but expanding your business won't get you more income because the demand can't keep up, how would you create jobs at all? Wouldn't a rise in consumption of your product or service be what, demanding more infrastructure, would lead you to "create more jobs"?

His point is basically that jobs are created in response to consumers. Even if the jobs do come from rich people in the end, it's only the natural course due to the rise in consumption.

 No.166

>>94
Sure bro, you do that.
>>124
If demand doesn't keep up with expansion, you change the way you do service until it does.
Come on, it's not even a hard concept to understand, just fucking think about what you are saying..

 No.522

I dissent from comments here if I heard the case he made correctly. Why not have lower taxes on everyone? He advocates taxing the rich. Regulations is also another problem that kills job growth. I say this as someone who has taken a lot of time to research entrepreneurship before launching (haven't launched yet). I agree the rich probably don't create as many jobs - they create taxes on the poor and regulations that stomp out the little guys.

So overall his message kind of fits in with TED and I'm not sure why it was b&. Warren Buffett, capitalist-turned-socialist, also thinks it's good to tax the rich (while, presumably, allowing regulations to choke up competition). This is how these successful people operate, and it's in some sense rational: they enjoyed freedom which let them grow, and now they want to tax and regulate that freedom so others can't compete with them.

 No.610

>>94
I second this!



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