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Welcome. We continue our conversation with one of the worlds most influential economists sited by his colleagues in the field. Hes a nobel laureate, and hes mad as hell, infuriated by americas growing inequality as those at the top buy the politicians who write the rules that rig the system. Hes especially angry at how the tax code has been manipulated and abused to place the burden on the earners of ordinary income, instead of on the rich and powerful most able to pay. But Joseph Stiglitz says there are solutions. Heres what he told us in our last episode we have a tax system that reflects not the interest of the middle. We have a tax system that reflects the interest of the one percent. And i want to do is create a tax system that has incentives to create jobs. And if you tell a corporation, look it, if you dont create jobs, youre taking out of our system, youre not putting back, youre going to pay a high tax. But if you put ba ....
Mission is to promote compassion and creativity in our society. The john d. And catherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. More information at macfound. Org. Park foundation, dedicated to heightening Public Awareness of critical issues. The kohlberg foundation. Barbara g. Fleischman. And by our sole corporate sponsor, mutual of america, designing customized individual and Group Retirement products. Thats why were your retirement company. Welcome. Maya angelous death late this spring at 86 sent me back in time. We had first met in new york city 45 years ago, soon after she had published her phenomenal, bestselling memoir, i know why the caged bird sings. She was already a presence civil rights activist, singer, dancer, songwriter. But that first night, we discovered that we had both grown up in small, segregated towns ....