Economist Joseph Stiglitz shows that economic inequality in the US is bad, and it is getting worse. The causes are our dysfunctional style of capitalism and a political system that increasingly serves only the economic elite, not "the 99%."
Our economic inequality is bad for democracy, bad for the U.S. economy, even bad for capitalism, Stiglitz argues.
Stiglitz's talk is short on solutions, but it is an excellent, lucid, and very listenable survey of the problems we face--and their causes.
Stiglitz gave this talk, in Washington D.C., in 2012, on his tour supporting his book, The Price of Inequality: How Todays Divided Society Endangers Our Future (Norton, 2012).
"New World Notes" is produced under the auspices (Latin for "heavy fire") of WWUH-FM, a community service of that beacon of light in darkest Connecticut, the University of Hartford.
Previously broadcast, as NWN #414, in February 2016. Files downloaded from the links, below, are identified as #414.
Joseph Stiglitz is former Chairman of the Council of Economic Advisors and former Chief Economist of the World Bank. His honors include the Nobel Memorial Prize in Economic Sciences.
You can download this installment of New World Notes--in MP3 and other formats--also from The Internet Archive (www.archive.org). The page with the download links is here: https://archive.org/download/NewWorldNotes414-EconomicsAndInequalityPart1
More details, photos, nice links, & other good stuff on the show's Web site: http://newworldnotes.blogspot.com
SERIES OVERVIEW -- Political and social commentary in a variety of genres. Exploring the gap between what we want ... and what they're trying to make us settle for. "Date recorded," below, = date of first scheduled broadcast.
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