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news@hexbear.netEnglish · 1 year ago

'Neoliberal capitalism' has contributed to the rise of fascism, says Nobel laureate

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'Neoliberal capitalism' has contributed to the rise of fascism, says Nobel laureate

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news@hexbear.netEnglish · 1 year ago

cross-posted to:
world@lemmy.world

The attacks on democracy and freedom "have never been greater in my lifetime," warns Nobel Prize-winning economist Joseph Stiglitz.

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1 year ago
Stiglitz didn’t get the Nobel prize for claiming that neoliberal capitalism contributes to the rise of fascism. He got it for explaining how information asymmetries destroy the fantasy of perfect markets.

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