Chrystia Freeland: The rise of the new global super-rich

Technology is advancing in leaps and bounds — and so is economic inequality, says writer Chrystia Freeland. In an impassioned talk, she charts the rise of a new class of plutocrats (those who are extremely powerful because they are extremely wealthy), and suggests that globalization and new technology are actually fueling, rather than closing, the global income gap. Freeland lays out three problems with plutocracy ... and one glimmer of hope.

TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and much more.

[George_K]

The best form of slavery is that in which the slaves don't even know that they are enslaved.

[lorimartin]

Here she is 6 yrs ago speaking against income inequality and crony capitalism. Today she actively supports and advances those very things and the oligarchs, plutocrats and ruling elites they benefit.

[crushingalldeceivers]

"COVID has created a new Political Opportunity" -Chrystia Freeland Absolutely vile woman in my opinion.

[littlejerrythecagefighter]

Here we are in ‘21, and rather than help Canada protect itself, Freeland is helping those super rich run our country and siphon off our tax dollars.

[mahirhaque]

Hey Canada how's inequality going under Minister Freeland? 7 years and counting!

[QuijanoPhD]

Honestly, as someone who has been all levels of poor and middle class (I have been both unemployed and in the verge of eviction and a well to do socialite who earned almost twice the average and spent his weekends with doctors and lawyers - I'm now back to lower-middle class), I can safely say that the whole rich getting richer thing wouldn't bother "the rest of us" so much if "the rich" (not all, some) wouldn't spend so much time making sure "the rest of us" remained dirt poor.

[adam]

This woman is one of the most authoritarian politicians in Canadian history

[candicem]

Well now that your in a new position prove it do it tax the rich

[abbyferrari]

Judging by the currents events in Canada, Chrystia Freeland thought "if you can't fight them, join them" :/

[ro]

8 years later.... she’s helping them get richer. 🙄

[cathywest]

Let's see how she relates this TED speech in her new role as finance minister of canada

[janm]

Chrystia Freeland is the new Finance Minister of Canada. Not a typo.

[davidparkins]

Don't people talk an interesting talk, yet eight years later we discover what they really think and what they do.

[KF]

12:30 "The terrifying reality is that there is no economic rule which automatically translates increased economic growth into widely shared prosperity"
She says exactly the opposite these days. When asked in Parliament about the debt, inflation, housing crisis etc, and how that effects people in Canada, she said "don't worry, we have increased economic growth" and punctuated the statement with a series of evil grins.
I think something happened to twist this lady heart, and make her disconnected from her own humanity. She is now our most corrupt Finance minister and worst ever Deputy Prime Minister to boot.

[jorschu]

Her speech and conduct in this speech versus today is starkly different... it makes one wonder if she's under the influence of something

[TheCookieNetwork]

I mean seriously she has to balls to try to talk about super rich elites. I’ll be sending her a mirror in the mail ASAP

[appletree]

Now that she sits next to Justine...why aren't things changing in Canada?
Because she knows that she can get rich by being next to powerful and rich people.

[paulwilden]

This sickening woman has no place in politics

[ewal]

Increasing tax and killing mid-class are very wrong, but that's Canadian government is doing. Look at how many taxes mid-class are paying? GST, PST, property tax, carbon tax, EI, CPP, all kinds of licensing fees and regulatory charges, and don't forget income tax!

[kurash]

The sad part is she is the one that taxed middles class in the form of carbon tax and gave to rich corporations like Loblaw.