Corporate Greed is Accelerating Climate Change. But We Can Still Head Off Disaster
America’s economy has not been working for a large portion of the country. Workers at the bottom of the income scale earn wages, adjusted for inflation, that are not much higher than what they were 60 years ago, while the income of a typical full‐time male worker hasn’t budged much from 40 years ago. In addition, life expectancy is in decline. … Joseph E. Stiglitz is University Professor at Columbia University and winner of the Nobel Prize in Economics.
US Trade Deals Were Designed to Serve Corporations at the Expense of Workers
Globalization sits at the center of America’s economic crisis. On one side, critics of globalization blame it for the plight of America’s suffering middle class. According to President Trump, our trade negotiators got snookered by those smart negotiators from other countries. We signed bad trade deals that led to the loss of American industrial jobs. This criticism of globalization has found enormous resonance, especially in the parts of the country that experienced deindustrialization. … Joseph Stiglitz is a professor of economics at Columbia University.
