Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Friday, 1 December 2017
Anti-Globalization in the Era of Trump: Joseph Stiglitz on Shared Prosperity Without Protectionism
In the updated edition of Nobel Prize winning economist Joseph Stiglitz’s new book, “Globalization and Its Discontents Revisited: Anti-Globalization in the Era of Trump,” he argues that when Trump became president, he “threw a hand grenade into the global economic order.” We speak with Stiglitz about the impact of free trade agreements that Trump has criticized.
