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

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

Assessment

Interactive Video

Business

11th Grade - University

Hard

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FREE Resource

The speaker, a self-identified plutocrat, discusses the dangers of rising economic inequality and advocates for a shift from trickle-down economics to middle-out economics. He highlights the importance of a thriving middle class for economic prosperity and suggests that raising the minimum wage can benefit both workers and businesses. The speaker calls for a new form of capitalism that is more inclusive and effective, emphasizing the need for investment in the middle class and infrastructure to ensure long-term prosperity.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences of ignoring economic inequities, according to the speaker?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker mean by 'middle-out economics'?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's call to action for fellow plutocrats?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the speaker suggest that capitalism can be improved?

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