Inequality isn’t only plaguing America—the Arab Spring flowered because international capitalism is broken. In From Cairo to Wall Street: Voices from the Global Spring, edited by Anya Schiffrin and Eamon Kircher-Allen, Nobel laureate Joseph Stiglitz says the world is finally rising up and demanding a democracy where people, not dollars, matter—the best government that money can buy just isn’t good enough.
Joseph E. Stiglitz is University Professor at Columbia University and the winner of the 2001 Nobel Prize for Economics. He served on President Clinton's economic team as a member and then chairman of the U.S. Council of Economic Advisors in the mid-1990s, and then joined the World Bank as chief economist and senior vice president. Stiglitz has received the John Bates Clark Medal. He was a Fulbright Scholar at Cambridge University, held the Drummond Professorship at All Souls College, Oxford, and has taught at M.I.T, Yale, Stanford, and Princeton.
Op-Ed