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The inequality enablers

It's now very clear that globalisation, technology and market liberalisation did not bring their promised benefits

Joseph E Stiglitz |NYT 

First came the books describing just how much worse economic inequality had become over the past 20 years, with all the dramatic political implications now impossible to ignore. Then there were the tomes about globalisation (including my own, I admit), detailing the West’s unfettered pursuit of neoliberal policies that abetted all this unfairness. Well, prepare for a new genre: books gently and politely skewering the corporate titans who claim to be solving such problems. It’s an elite that, rather than pushing for systemic change, only reinforces our lopsided economic ...

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First Published: Mon, August 27 2018. 02:01 IST