Billionaire Nick Hanauer in this article is quoted as saying that 40 years of corporate greed has left us unprepared for this virus. And also is saying it is foolish to think his class is going to change their tune after this virus goes away.
Quote Nick Hanauer, "A better, more economically sound nation is possible, Hanauer said, but it will come about because enough people stand up and demand that corporations and the wealthy don't hoard their profits at the expense of everyone else. "No society should need permission from wealthy people to operate in a high-functioning way," he said."
And from Nick, Hanauer thinks this resentment is a logical response. "One of the reasons that we're having to bail out all of these industries," he said, "is that the industries themselves have been made fragile by decades of shareholder value maximization" instead of "building resilience."
https://www.businessinsider.com/pitchfor...st9FN1e3jw
Nobody has to take my word for it, ^^^^^^^ Nick is a Billionaire.
Quote Nick Hanauer, "A better, more economically sound nation is possible, Hanauer said, but it will come about because enough people stand up and demand that corporations and the wealthy don't hoard their profits at the expense of everyone else. "No society should need permission from wealthy people to operate in a high-functioning way," he said."
And from Nick, Hanauer thinks this resentment is a logical response. "One of the reasons that we're having to bail out all of these industries," he said, "is that the industries themselves have been made fragile by decades of shareholder value maximization" instead of "building resilience."
https://www.businessinsider.com/pitchfor...st9FN1e3jw
Nobody has to take my word for it, ^^^^^^^ Nick is a Billionaire.
