We are a nation born from the conviction that people must be
#free.
But since the middle of the last century, that idea has been co-opted.
💥Forces on the political Right have justified exploitation by cloaking it in the rhetoric of freedom, 💥 leading to
🔸pharmaceutical companies "freely overcharging" for medication,
🔸 a Big Tech "free from oversight",
🔸politicians "free to incite rebellion",
🔸corporations "free to pollute", and more.
How did we get here?
Whose freedom are we—and should we—be thinking about?
In ♦️The Road to Freedom♦️, Nobel prize winner
#Joseph E.
#Stiglitz dissects America’s current economic
#system and the political
#ideology that created it,
laying bare their twinned
#failure.
👉“Free” and unfettered markets have only succeeded in delivering a series of crises: the
#financial crisis, the
#opioid crisis, and the crisis of
#inequality.
While a small portion of the population has amassed considerable wealth,
wages for most people have stagnated.
Free and
#unfettered #markets have
#exploited consumers, workers, and the environment alike.
Such failures have fed
#populist movements that believe being free means abandoning any obligations citizens have to one another.
As they grow in strength, 🔥these movements now pose a real threat to true economic and political freedom.🔥
https://wwnorton.com/books/9781324074373