NJ's report Wednesday that a "TED talk" on widening income inequality was too controversial to be posted on Ted.com has created a modest stir on the Internet. Change.org has launched a petition urging organizers to publish the speech by Seattle venture capitalist Nick Hanauer. News outlets have offered to film the talk and post it. Several political and business blogs have picked up the story.
We'll have much more to tell you very soon about Hanauer, his message, and the powerhouse research that supports his radical idea that the middle class is essential to economic growth. In the meantime, here's a little more clarity on why TED curator Chris Anderson chose not to air Hanauer's talk.
It's the full text of an email Anderson sent Hanauer on May 7, explaining why he'd decided not to publish the talk. In it, Anderson takes issue with several of Hanauer's claims about inequality and the economy in his talk - read the full text here - including Hanauer's statement that middle-class consumers, and not businesspeople, are the real job creators in an economy. To Hanauer's statement that businesses only hire as a "last resort," Anderson replies, "I think a lot of business managers and entrepreneurs would feel insulted by that statement as given."
Here's the full email.