☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish · 4 months ago'Neoliberal capitalism' has contributed to the rise of fascism, says Nobel laureatewww.abc.net.auexternal-linkmessage-square32fedilinkarrow-up1142arrow-down11cross-posted to: world@lemmy.worldworldnews
arrow-up1141arrow-down1external-link'Neoliberal capitalism' has contributed to the rise of fascism, says Nobel laureatewww.abc.net.au☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish · 4 months agomessage-square32fedilinkcross-posted to: world@lemmy.worldworldnews
minus-squaresnek_boilinkfedilinkEnglisharrow-up16·4 months agoStiglitz 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.
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.