Columbia University’s Stiglitz on Global Inequality, Climate Change

The transcript discusses the importance of information dissemination in solving global issues like climate change and inequality. It explores the shift from shareholder to stakeholder capitalism, emphasizing the need for a high-quality labor force and environmental responsibility. The discussion highlights the inadequacy of GDP as a measure of prosperity and the urgency of addressing global warming. It calls for regulations and better incentives for industrial America, questioning the resistance to regulation. Finally, it suggests rewriting economic rules to address excessive inequality and lack of sustainability.

What does the text suggest about the legal framework needed for stakeholder capitalism?

How does the text characterize the current debate on stakeholder versus shareholder capitalism?

What solutions does the text propose for addressing excessive inequality and lack of sustainability?