Democracy in the Twenty-First Century by Joseph E. Stiglitz – Project Syndicate<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"From Joseph Stiglitz: What we have been observing \u2013 wage stagnation and rising inequality, even as wealth increases \u2013 does not reflect the workings of a normal market economy, but of what I call \u201cersatz capitalism.\u201d The problem may not be with how markets should or do work, but with our political system, which has … <\/p>\n
Continue reading “Democracy in the Twenty-First Century by Joseph E. Stiglitz – Project Syndicate”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,34],"tags":[894,1273,1826],"class_list":["post-10830","post","type-post","status-publish","format-standard","hentry","category-economy","category-us-canada-countries-regions","tag-crony-capitalism","tag-ersatz-capitalism","tag-inequality"],"yoast_head":"\nDemocracy in the Twenty-First Century by Joseph E. Stiglitz - Project Syndicate - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Democracy in the Twenty-First Century by Joseph E. 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Instead, the personal saving rate plunged to 1%, and the bottom 80% of Americans were spending, every year, roughly 110% of\u2026","rel":"","context":"In "US & Canada"","block_context":{"text":"US & Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9989,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/06\/09\/creating-a-learning-society-joseph-stiglitz-project-syndicate\/","url_meta":{"origin":10830,"position":1},"title":"Creating a Learning Society | Joseph Stiglitz | Project Syndicate","author":"ColinTwiggs","date":"June 9, 2014","format":false,"excerpt":"By Joseph Stiglitz: The Nobel laureate economist Robert Solow noted some 60 years ago that rising incomes should largely be attributed not to capital accumulation, but to technological progress \u2013 to learning how to do things better. 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It is a widely held view that pervades almost the entire academic economics establishment. Nobel prize-winning economist Joseph Stiglitz has been pushing such an idea for some time (along with Paul\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5858,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/28\/joseph-stiglitz-government-could-have-prevented-much-of-what-happened\/","url_meta":{"origin":10830,"position":4},"title":"Joseph Stiglitz: "Government could have prevented much of what happened"","author":"Colin Twiggs","date":"October 28, 2012","format":false,"excerpt":"Nobel Prize-winning economist, Joseph Stiglitz criticizes presidential policies on both sides. 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