INET Lecture: The Great Divide: new perspectives on inequality and how to reduce it (2015)

Joseph Stiglitz

The United States have become one of the most unequal countries in the world. In contrast with what is often said, equal opportunities are today further away in the USA than in other advanced countries. Market forces (technology and globalisation) have played an important role in these dynamics. However, politics has done nothing to prevent the explosion of inequality, a phenomenon which is in no way inevitable. The lecture by the Professor of Economics and History at Northwestern University is extremely topical and gives us precious information on mistakes to be avoided in the future.