If you’re plugged into the Internet, chances are you’ve seen a TED talk – the wonky, provocative web videos that have become a sort of nerd franchise. TED.com is where you go to find Facebook COO Sheryl Sandberg explaining why the world has too few female leaders, or Twitter cofounder Evan Williams sharing the secret power of listening to users to drive company improvement. The slogan of the nonprofit group behind the site is “Ideas Worth Spreading.”

There’s one idea, though, that TED’s organizers recently decided was too controversial to spread: the notion that widening income inequality is a bad thing for America, and that as a result, the rich should pay more in taxes.

TED organizers invited a multimillionaire Seattle venture capitalist named Nick Hanauer – the first nonfamily investor in Amazon.com – to give a speech on March 1 at their TED University conference. Inequality was the topic – specifically, Hanauer’s contention that the middle class, and not wealthy innovators like himself, are America’s true “job creators.”

“We’ve had it backward for the last 30 years,” he said. “Rich businesspeople like me don’t create jobs. Rather they are a consequence of an ecosystemic feedback loop animated by middle-class consumers, and when they thrive, businesses grow and hire, and owners profit. That’s why taxing the rich to pay for investments that benefit all is a great deal for both the middle class and the rich.”

You can’t find that speech online. TED officials told Hanauer initially they were eager to distribute it. “I want to put this talk out into the world!” one of them wrote him in an e-mail in late April. But early this month they changed course, telling Hanauer that his remarks were too “political” and too controversial for posting...

...That's why I can say with confidence that rich people don't create jobs, nor do businesses, large or small. What does lead to more employment is a "circle of life" like feedback loop between customers and businesses. And only consumers can set in motion this virtuous cycle of increasing demand and hiring. In this sense, an ordinary middle-class consumer is far more of a job creator than a capitalist like me.

So when businesspeople take credit for creating jobs, it's a little like squirrels taking credit for creating evolution. In fact, it's the other way around.

Anyone who's ever run a business knows that hiring more people is a capitalists course of last resort, something we do only when increasing customer demand requires it. In this sense, calling ourselves job creators isn't just inaccurate, it's disingenuous.

That's why our current policies are so upside down. When you have a tax system in which most of the exemptions and the lowest rates benefit the richest, all in the name of job creation, all that happens is that the rich get richer...

Radical Openness
Jun 25 – Jun 29, 2012
Edinburgh, Scotland
Price of attendance:
US$6,000

The Young. The Wise.
The Undiscovered.
February 25 – March 1, 2013
Long Beach, California
Price of attendance:
US$7,500

The Young. The Wise. The Undiscovered.
February 25 – March 1, 2013
Palm Springs, California
Price of attendance:
US$2,500


TED stands for Technology, Entertainment, Design -- three broad subject areas that are, collectively, shaping our future. And in fact, the event is broader still, showcasing ideas that matter in any discipline. The format is fast paced: 50+ talks over the course of four days (to say nothing of the morning and evening events). This immersive environment allows attendees and speakers from vastly different fields to cross-fertilize and draw inspiration from unlikely places. This is the magic of TED.

At TED, we search year-round for presenters who will inform and inspire, surprise and delight. Our presenters run the world's most admired companies and design its best-loved products; they invent world-changing devices and create ground-breaking media. They are trusted voices and convention-breaking mavericks, icons and geniuses.

Collectively, TED speakers have won every major prize awarded for excellence, including the Nobel, Pritzker, Pulitzer, Oscar, Grammy, Emmy, Tony and MacArthur "genius" grant. TED also seeks out emerging artists, scientists and thinkers, introducing them to the TED community well before they hit the mainstream.

Some of these remarkable people have included former U.S. President Bill Clinton, Microsoft founder Bill Gates, designer Phillipe Starck, architect Frank Gehry, primatologist Jane Goodall, musician Paul Simon, Amazon founder Jeff Bezos, genomics pioneer Craig Venter, biologist E.O. Wilson, playwright Eve Ensler, photojournalist James Nachtwey, Nobel laureates Paul Berg, Murray Gell-Man and Jim Watson (of Watson & Crick), Lost producer JJ Abrams, jazz musician Herbie Hancock, Tipping Point author Malcolm Gladwell, architect and sculptor Maya Lin, Reverend Billy Graham, cellist Yo Yo Ma, Segway inventor Dean Kamen, Google founders Sergey Brin and Larry Page, graphic designer Stefan Sagmeister, leadership coach Tony Robbins ...

TED and inequality: The real story

Today TED was subject to a story so misleading it would be funny... except it successfully launched an aggressive online campaign against us.

The National Journal alleged we had censored a talk because we considered the issue of inequality "too hot to handle." The story ignited a firestorm of outrage on Reddit, Huffington Post and elsewhere. We were accused of being cowards. We were in the pay of our corporate partners. We were the despicable puppets of the Republican party.

Here's what actually happened.

At TED this year, an attendee pitched a 3-minute audience talk on inequality. The talk tapped into a really important and timely issue. But it framed the issue in a way that was explicitly partisan. And it included a number of arguments that were unconvincing, even to those of us who supported his overall stance. The audience at TED who heard it live (and who are often accused of being overly enthusiastic about left-leaning ideas) gave it, on average, mediocre ratings...

Hanauer’s talk “probably ranks as one of the most politically controversial talks we've ever run, and we need to be really careful when” to post it, Anderson wrote on April 6. “Next week ain't right. Confidentially, we already have Melinda Gates on contraception going out. Sorry for the mixed messages on this.” In early May Anderson followed up with Hanauer to inform him he’d decided not to post his talk.

Originally posted by Wolf321
reply to post by KillerQueen

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With all the Ultra rich CEO's, they run companies that have ample competition. The consumer has options.

Why TED Is a Massive, Money-Soaked Orgy of Self-Congratulatory Futurism
It has become an exclusive, expensive elite networking experience. Strip away the hype and you're left with a reasonably good video podcast with delusions of grandeur....

...For most of the millions of people who watch TED videos at the office, it’s a middlebrow diversion and a source of factoids to use on your friends. Except TED thinks it’s changing the world, like if “This American Life” suddenly mistook itself for Doctors Without Borders.

The model for your standard TED talk is a late-period Malcolm Gladwell book chapter. Common tropes include:
Drastically oversimplified explanations of complex problems.
Technologically utopian solutions to said complex problems.
Unconventional (and unconvincing) explanations of the origins of said complex problems.
Staggeringly obvious observations presented as mind-blowing new insights.

...This is the blinding ideology of the globe-trotting do-gooder billionaire class that mistakes its self-evident dogma for a pure lack of ideology.

The people at Davos and in Aspen also think they’re saving the world, and the majority of them are also deeply involved in making it much worse for people who can’t afford to go to Davos and Aspen. It is no wonder at all that a talk on how their voluntary charity can better the lives of the unwashed is received with much more enthusiasm than one on how a better use for their money would be for them to have much less of it and everyone else a little more.