Globalization's Discontents [Joe Stiglitz]

Joe Stiglitz discusses the flawed belief that liberalization and globalization would lead to universal economic growth. He highlights the challenges posed by globalization, including income stagnation and increased economic risk. Stiglitz critiques the lack of market efficiency and the negative impact on unskilled workers, driven by a corporate agenda. He calls for a reform of globalization rules and a new social contract to ensure inclusive growth and shared prosperity.

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