Joseph Stiglitz on People, Power, and Profits: Progressive Capitalism for an Age of Discontent

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  • čas přidán 28. 05. 2024
  • Nobel Prize winning economist Joseph Stiglitz in conversation with Dean Nilanjan Sen of the University at Albany School of Business.
    Joseph Stiglitz received the Nobel Memorial Prize in Economic Sciences in 2001. His most recent book is People, Power, and Profits: Progressive Capitalism for an Age of Discontent (paperback, 2020), a visionary proposal for a more humane system of capitalism.
    The reviewer for the New Yorker called the book, “Urgent work, by the foremost champion of ‘progressive capitalism.’" The New York Times reviewer said, “The policy shop of every 2020 Democratic candidate for president would be wise to pore over People, Power, and Profits and cherry-pick its best ideas.”
    You can order People, Power and Profits from the local independent Book House of Stuyvesant Plaza: www.bhny.com/book/9780393358339
    Known for his pioneering work on asymmetric information, Stiglitz's work focuses on income distribution, risk, corporate governance, public policy, macroeconomics and globalization. In 2011, TIME magazine named him "one of the 100 most influential people in the world."
    A professor at Columbia University and former chief economist at the World Bank, Stiglitz is currently the co-chair of the High-Level Expert Group on the Measurement of Economic Performance and Social Progress at the Organisation for Economic Co-operation and Development (OECD) headquartered in Paris, France, and the Chief Economist of the Roosevelt Institute, a liberal think tank in New York City.
    More about Joseph Stiglitz: www8.gsb.columbia.edu/faculty...
    Nilanjan Sen joined UAlbany as Dean of the Business School in 2018. He formerly served as Associate Dean of Executive Education and Associate Dean of Graduate Studies at Nanyang Business School of Nanyang Technological University in Singapore. At UAlbany, Dean Sen teaches Mergers and Acquisitions and other advanced topics in Corporate Finance.
    Cosponsored by the University at UAlbany School of Business
    For more information on the Rebuilding the Republic series, visit: www.nyswritersinstitute.org/r...

Komentáře • 35

  • @cecilyyacono5549
    @cecilyyacono5549 Před 2 lety +2

    holy mackerel!!! THIS take on capitalism is new to me

    • @vanradosevich4249
      @vanradosevich4249 Před 6 měsíci

      You have good instincts. Do not trust Stiglitz. He was Clintons' economic adviser. Clinton signed into law NAFTA, WTO, and China NTR. This turned up the economy and resulted in huge increases in greenhouse gas emissions. China is relying on coal, and the last time I checked was building two coal-powered electric plants per month.

  • @dabay200
    @dabay200 Před 2 lety +5

    Agree with analysis of worker exploitation, but totally disagree on that increasing censorship by social media companies is the answer to the solution - they are already censoring criticism in favour of establishment propaganda.

    • @tonyrivers8688
      @tonyrivers8688 Před 2 lety

      I have known of Joseph stiglitz since I was assigned to read his book globalization and its discontents in political science class at Montclair State University in the 1990s

    • @vanradosevich4249
      @vanradosevich4249 Před 6 měsíci

      So, is he saying that the discontents were right?@@tonyrivers8688

  • @Zivikele-Mzobe
    @Zivikele-Mzobe Před 2 lety +2

    What an exceptional man, Professor Stiglitz is. Thank you for this!

  • @kaylynkudera9281
    @kaylynkudera9281 Před 2 lety +1

    how charming getting that kind of quality conversation happening here.. really appreciate it!

  • @stephen_pfrimmer
    @stephen_pfrimmer Před 2 lety +1

    "rent-seeking behavior" is important. Thank you New York State Writers Institute for stating it. And it still strikes me as unhelpful that Stigliz' voice especially low when talking about voting in Australia. As a rhetorical technique, lowering the volume works, in person. When recorded, it means nothing. WE CANNOT HEAR YOU! speak like Ralph Nader for God's sake.

    • @vanradosevich4249
      @vanradosevich4249 Před 6 měsíci

      Nader referred to Siglitzs' Globalization as the race to the bottom. This man is not to be trusted.

  • @hafunland894
    @hafunland894 Před 2 lety +1

    Nobel Prize winning economist Joseph Stiglitz never forgot his roots. He is great man for the people and the Republic!!!

  • @ahanaghose8780
    @ahanaghose8780 Před 2 lety +1

    Well, I certainly believe I like your point of view!

  • @seppbelladonna4684
    @seppbelladonna4684 Před 2 lety +1

    PURE authenticity...don't let them tell you otherwise

  • @geraldoelzey6117
    @geraldoelzey6117 Před 2 lety +1

    I am really touched, hats off!

  • @dunkleetessa2369
    @dunkleetessa2369 Před 2 lety +1

    Geez man! totally the info I've been researching all year now!

  • @inabewetrust1723
    @inabewetrust1723 Před 2 lety +1

    that is absolutely entertaining AND educational!!!

  • @stephen_pfrimmer
    @stephen_pfrimmer Před 2 lety +1

    Our current technology allows us to cooperate like never before. WIKIs allow for it like never before. We must co-operate. If life is growth and learning of every individual being, co-operation is the answer.

  • @margiecisneros8311
    @margiecisneros8311 Před 2 lety +1

    glad he gets to talk, a nobel prize winner wow 🎙

  • @ethanroth7613
    @ethanroth7613 Před 2 lety +1

    allrighty then! that sounds deep.

  • @missnomer3770
    @missnomer3770 Před 2 lety +1

    you are a talented human being geez 📷

  • @cobye31etacrominiature16
    @cobye31etacrominiature16 Před 2 lety +2

    This capitalism thing is going nowhere fast, isn't it

    • @vanradosevich4249
      @vanradosevich4249 Před 6 měsíci

      It's a failure, at least as implemented by the American ruling class. Stiglitz was Clintons economic adviser. Clinton signed into law NAFTA, WTO, and China NTR. This created the Rust Belt and millions of Americans lost their jobs and homes. They could not keep their families together which contributed to the drug epidemic and homelessness. Stiglitiz is a terrible man and totally untrustworthy. Please check this out. I think is trying to make this info go down the memory hole.

  • @TheHitsugayaSama
    @TheHitsugayaSama Před 2 lety +1

    that is some effective talk right here!

  • @carlsnyder3419
    @carlsnyder3419 Před 2 lety +1

    incredible! pretty unusual, honestly!

  • @fouadmoutrane5121
    @fouadmoutrane5121 Před 8 měsíci

    I like your program, I like your guests. Keep bringing these great professors.

  • @fouadmoutrane5121
    @fouadmoutrane5121 Před 8 měsíci

    I am enjoying this great discussion.

  • @TheWhitehiker
    @TheWhitehiker Před 2 lety +1

    He's vague on causes and sketchy on solutions;
    back to the Chicago School, I think!

    • @vanradosevich4249
      @vanradosevich4249 Před 6 měsíci +1

      You have that one right. He helped cause these problems. He promoted globalization in the 1990s. He did not talk about wind and solar because it cannot undo the effects of massive coal burning in China. You will notice that he did not talk about coal burning in China. I think Stiglitz is a con artist.

  • @bruderjakob7006
    @bruderjakob7006 Před 2 lety

    ...sometimes it is only right to halt and let everything sink in...

  • @zachariahcaldwell8719
    @zachariahcaldwell8719 Před 2 lety

    they have been kinda occupied lately, and it paid off.

  • @abidindindar7025
    @abidindindar7025 Před 2 lety +1

    amazingly well done talk folks 😂👮

  • @geoffreynhill2833
    @geoffreynhill2833 Před rokem

    Good bloke. 😃

  • @vanradosevich4249
    @vanradosevich4249 Před 6 měsíci

    You are saying that 30 years after NAFTA, WTO, and China NTR, we still have discontent? What is he talking about @55:00? The universities have been graduating people who can't get jobs in their fields. They can't pay back their educational loans. It is all over the internet. IMHO this man is delusional.

  • @erwinsteinhauer7555
    @erwinsteinhauer7555 Před 2 lety +1

    Capitalism definitely won't get no better than THIS, right?

  • @ubfinn
    @ubfinn Před 2 lety +1

    Look how he criticizes the US and the threat to democracy from ‘misinformation’ and praises China. Bruh… He of course brings up legitimate issues but the double standards and lack of self awareness is appalling.

    • @vanradosevich4249
      @vanradosevich4249 Před 6 měsíci

      That's because he is guilty, along with others at the top, of opening the floodgates of globalization in the world.