He explains and describes new economic concepts he calls "New Capitalism". I would say he is describing what I would call a "new optimized, and modernized capitalism". I think Bernie Sanders would like this presentation, however Donald Trump should also watch this video and learn from Nick Hanauer.
How would the world change if 15% of the people controlled 50% of the wealth?
Currently 1% of the humans on earth own 50% of the wealth.