Nobel Laureate Joseph Stiglitz on Economics and Academia

1 min read
Source: Fortune
Nobel Laureate Joseph Stiglitz on Economics and Academia
Photo: Fortune
TL;DR Summary

Nobel laureate Joe Stiglitz critiques the "myth" of the American Dream, arguing that neoliberal capitalism has made it increasingly unattainable, especially for Gen Z. He emphasizes the need for well-regulated capitalism over socialism and warns against the potential economic and social repercussions of Donald Trump's re-election. Stiglitz also highlights the disparity between the ideal of upward mobility and the harsh economic realities faced by younger generations, exacerbated by issues like student debt and gun violence.

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