Hanauer is a self admitted "zillionaire" who has helped found and back 30 start ups and was the first non-family investor in Amazon. He has a new podcast called "Pitchfork Economics" and the first two episodes are intriguing (although probably upsetting to those who subscribe to outdated and fairy tale economic theories). I'm guessing he's made the establishment and more than a few of his fellow .01%'s nervous over the past few years.
I would enjoy watching you conservatives pick him apart so have at it........
https://www.politico.com/magazine/story ... mfm-4sShP4Once we’ve dismissed with trickle-down nonsense, the way forward becomes clear. I’ll save a detailed policy agenda for another forum, but there’s no getting around the trillion-dollar elephant in the room: the 5 percent of GDP that used to go to wages but now goes to executive pay and record corporate profits. This isn’t money we’re shipping overseas or feeding to robots or burying in holes. The most obvious way to address our crisis of growing inequality is to reverse the policies that undermined the older, more equitable norms. This means raising the minimum wage and the overtime threshold to their inflation-adjusted peaks, and indexing them to the appropriate economic metric. This means restricting the stock buybacks that have propped up executive pay through share price manipulation. This means rethinking our benefits systems and social safety nets to meet the needs of our modern economy. And this means substantially raising taxes on plutocrats like us who continue to capture the bulk of our nation’s economic gains..................
Many smug, wealthy, highly educated liberals like myself (and let’s be honest, like many of you who have been blowing up my phone since the election) have taken to soothing ourselves with the notion that Trump was elected by stupid, racist people. And to some degree, this may be true. But like it or not, in America, even stupid racists have an equal claim to the prosperity, dignity, status and happiness that we urban economic elites hold so dear. Also, they vote. So while we should never pander to their racism, we must face the fact that if our greed prevents them from having their fair shot at happiness, they will most certainly take it from us by force. Parenthetically, I want to make clear that I am not so naïve as to believe that prosperity eliminates racism. It does not. But, it is one hell of a distraction. People who are thriving and hopeful may still be filled with hate, but they don’t have nearly as much reason to act on it.
It is true that the American experiment has proven remarkably resilient, even through periods of wrenching political realignment. During the mid-1850s, one of our two major parties, the Whigs—representing issues including high tariffs and anti-Catholic nativism—collapsed and disappeared. Examine the political climate of that time and you’ll find some startling similarities with our own. Much of the North’s popular resistance to the inequality issue of that age, the expansion of slavery, had little to do with empathy for slaves; rather, the “free labor” movement was grounded in a deep sense of economic anxiety amongst the working poor who saw both slavery and immigration as a threat to their own jobs and wages. Sound familiar? Eventually we got ourselves back on track—but only after a long and bloody Civil War.
I don’t claim to have the all the answers on how to fix our economy, but I do guarantee that if we don’t raise wages and reverse inequality, the social cohesion that makes for a stable democracy and thriving economy is impossible. And that’s not an America where we plutocrats want to live. There are plenty of countries with yawning inequality where people like us and our children can’t go out in public without fear of being kidnapped for ransom. And then there’s Russia, where no amount of wealth can save you from the prisons or assassins of an all-powerful President Putin. So, if you are wealthy, and you rightly fear for the future of your country (not to mention your own personal safety), then I ask you to consider the possibility that the best way to defend your own interests is to improve the economic interests of others. Just do that. I think you’ll be surprised by how fast things get better. But you better act quick.
The pitchforks are coming, my friends, and whether they come in the angry hands of a desperate mob or the tiny hands of an angry dictator, they’re coming for us. You may not want to believe that your great fortune has come, at least in part, at the expense of others, but the American people believe it. And they’re righteously pissed. So, you have a choice: You can either act now to help close the vast economic divide that is tearing our republic apart—or you can follow Trump’s rhetorical lead and start building huge f*cking walls. The pitchforks are at the gate, and time is running short.










