'We just lost the chance to rethink capitalism' laments Stiglitz
"The moment of rethinking capitalism in America has gone", bemoans Joseph E. Stiglitz, winner of the Nobel prize in economics, former World Bank chief economist and now professor of economics at Columbia University, in this exclusive interview with Mediapart. Stiglitz says the height of the current economic crisis was a lost opportunity to re-order the economy, "one of those rare moments, many of us thought a Roosevelt-ian moment" but "as soon as the fire was brought down, the political influences of the banks came back."
"The moment of rethinking capitalism in America has gone," bemoans Joseph E. Stiglitz, winner of the Nobel prize in economics, former World Bank chief economist and now professor of economics at Columbia University, in an exclusive interview with Mediapart.
