Here's The TED Presentation About Rich People That TED Doesn't Want You To See

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The National Journal reports today that TED is refusing to publish a recent talk from megarich venture capitalist Nick Hanauer, which argued that rich people actually don’t create jobs, and that cutting their taxes is harmful to the middle class. 

Obviously, Hanauer’s position is anathema to most of his fellow billionaires. Although his talk was well-received, TED officials eventually decided that it was too “politically controversial” to post the presentation on the TED website. 

Click here to see the presentation >

In an email to Business Insider this afternoon, Hanauer said that he accepts TED’s right not to post his presentation, but that he disagrees with their reasoning:

“I got a sensational reaction to the talk at the conference itself, including a big standing ovation. Even the people who I spoke to who disagreed were intrigued and moved by the eco-systemic argument,” Hanauer said in the email. “And many of the talks at the conference and on the TED website are similarly controversial.  That’s what makes them interesting.” 

He added: “Further, if it was too political, why have me do it in the first place?  They knew months in advance what I would speak about and I gave the talk word for word. My arguments threaten an economic orthodoxy and political structure that many powerful people have a huge stake in defending. They will not go easily.” 

Hanauer also passed along the slides he used for his presentation, which was based off of his new book with Eric Liu, The Gardens of Democracy, A New American Vision of Citizenship, Economics and the Role of Government. 

We don’t know exactly how the speech went with slides, but you can read the speech here. 

Source: Nick Hanauer

According to Hanauer, believing that rich people create jobs is like believing in the geocentric universe

Source: Nick Hanauer

Hanauer presents the real universe: Rich people don't create jobs, and the sun is the centre of the universe

Source: Nick Hanauer

CONSUMERS are job creators

Source: Nick Hanauer

Rich people don't want to create jobs

Source: Nick Hanauer

Source: Nick Hanauer

The bulk of the gains in the economy have gone to the super-rich

Source: Nick Hanauer

If boosting millionaires helped create jobs, then you wouldn't expect to see a contradiction here

Source: Nick Hanauer

Source: Nick Hanauer

Wages have been stagnant but costs have shot up

Source: Nick Hanauer

Household income hasn't come close to matching the overall economy

Source: Nick Hanauer

(We're not sure what this one means)

Source: Nick Hanauer

The real job creators: The middle class

Source: Nick Hanauer

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