Economist Joseph Stiglitz shows that economic inequality in the US is bad and getting worse. The causes are our dysfunctional style of capitalism and a political system that serves only the elite.
Our economic inequality is bad for democracy, bad for the US economy, even bad for capitalism, Stiglitz argues.
Part 2 has the conclusion of the talk and selections from the Q&A. The talk--though short on solutions--is a lucid and very listenable survey of the problems we face--and their causes.
Stiglitz gave this presenttion in Washington, D.C., in June 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 "sheltering sky") of WWUH-FM, a community service of that beacon of light in darkest Connecticut, the University of Hartford.
Previously broadcast, as NWN #415, in February 2016. Files downloaded from the links, below, are identified as #415.
Joseph Stiglitz is former Chairman of the Council of Economic Advisors and former Chief Economist of the World Bank.
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/NewWorldNotes415-EconomicsAndInequalityPart2
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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