Below is an extract of a post published on Guardian titled "Joseph Stiglitz: 'America should be a warning to other countries'"
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Via: Guardian
In the lead-up to his Australian visit, the renowned economist warns of the triple threat of rising inequality, the undermining of democracy and climate change It’s a stark message from a Nobel-prize winning economist. “We were a very different country 40 years ago,” he says. “The downhill slide has been pretty fast. America, I think, should be an important warning to other countries not to take for granted their institutions. I worry that things in the United States could get much worse.” Most Americans want a higher minimum wage, they want gun control, they want access to healthcare … yet our democracy can’t deliver it Related: Joseph Stiglitz on artificial intelligence: ‘We’re going towards a more divided society’ The magnitude of the dysfunction [on climate change] is unbelievable Continue reading…
