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Neoliberalism Backfires by ROBERT HUNZIKER

Nick Hanauer, a self-professed capitalist billionaire, spoke at a TED conference only recently. He exposed neoliberalism’s brand of capitalism getting away with murder in plain sight.

Mr. Hanauer described himself: “After a 30-year career in capitalism spanning three dozen companies, generating tens of billions of dollars in market value, I’m not in the top one percent (1.0%), I’m in the top zero-point-one percent (0.1%) of all earners… rich capitalists like me have never been richer… how do we manage to grab an ever-increasing share of the economic pie every year?”

According to Hanauer: “It all comes down to just one thing: Economics.”

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