The World’s 99% Knows Capitalism Is Failing and Believes That Change Is Possible
In Joseph E. Stiglitz’s new book, “The Price of Inequality: How Today’s Divided Society Endangers Our Future,” the Nobel Prize-winning economist argues that there is a price to be paid for economic inequality. You can obtain a copy of Stiglitz’s latest economic analysis directly from Truthout right now by clicking here.
There are moments in history when people all over the world seem to rise up, to say that something is wrong, to ask for change. This is what happened in the tumultuous years 1848 and 1968. Each of these years of upheaval marked the beginning of a new era. The year 2011 may prove to be another such moment.
A youth uprising that began in Tunisia, a little country on the coast of North Africa, spread to nearby Egypt, then to other countries of the Middle East. In some cases, the spark of protest seemed at least temporarily doused. In others, though, small protests precipitated cataclysmic societal change, taking down long-established dictators such as Egypt’s Hosni Mubarak and Libya’s Muammar Qaddafi. Soon the people of Spain and Greece, the United Kingdom, and the United States, and other countries around the world, had their own reasons to be in the streets.
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