How can we escape our age of discontent? In this week’s podcast, Nobel Prize-winning economist Joseph Stiglitz challenges us to throw off the free market fundamentalists and reclaim our democratic power.
We all the sense that something has gone wrong with the American economy – with consequences that continue to reverberate across the globe. But just how did a few corporations come to dominate entire sectors, leading to skyrocketing inequality and sluggish growth? How did the financial industry write its own regulations, the tech companies accumulate reams of personal data without oversight, and the government negotiate international trade deals against the interests of workers?
Joseph Stiglitz is America’s preeminent economic thinker. A Nobel laureate, bestselling author, advisor to Clinton and former chairman of the World Bank, he joins broadcaster and author Matthew Stadlen to answer the question of why the economy is rigged in favour of elites – and rally us around a new vision of capitalism that puts people ahead of profits.