The road to freedom: economics and the good society
Join us at this special event at which Nobel Laureate Joseph Stiglitz will talk about his new book, that is a major reappraisal of the relationship between capitalism and freedom.
Freedom is a core human value. But few of freedom’s advocates ask what the idea really means." Whose freedom are we – should we be – thinking about? What happens when one person’s freedom comes at the expense of another’s? Should the freedoms of corporations be allowed to impinge upon those of individuals in the ways they now do? Stiglitz takes on giants of neoliberalism such as Hayek and Friedman to reclaim the language of freedom from the right. He shows that ‘free’ – unregulated – markets, far from promoting growth and enterprise, in fact lessen economic opportunities for majorities and siphon wealth from the many to the few – both individuals and countries. He shows how neoliberal economics and its implied moral system have impacted our legal and social freedoms in surprising ways, from property and intellectual rights, to education and social media.
Meet our speaker and chair
Joseph E Stiglitz (@JosephEStiglitz) is currently University Professor at Columbia University, Chief Economist of the Roosevelt Institute and a Corresponding Fellow of the Royal Society and the British Academy. He was Chairman of the President's Council of Economic Advisers 1995-7 and Chief Economist at the World Bank 1997-2000. He won the Nobel Prize for Economics in 2001 and is the bestselling author of Globalization and Its Discontents, The Roaring Nineties, Making Globalization Work, Freefall, The Price of Inequality, The Great Divide and Power, People, and Profits, all published by Penguin.
Mary Kaldor is Professor Emeritus of Global Governance and Director of the Conflict and Civicness Research Group at the London School of Economics and Political Science.
More about this event
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The Programme on Cohesive Capitalism is a major multi-disciplinary initiative to investigate new politico-economic paradigms, institutions and policies that could serve the common interest. Led by Professor Tim Besley, and housed in STICERD and the Department of Economics, it will bring together world-class thinkers in political philosophy and the social sciences to address some of the fundamental questions about the kind of world that we want to create and what is needed to bring it about.
Hashtag for this event: #LSEStiglitz
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