The Case for "Progressive Capitalism" From a Nobel Prize-Winning Economist

Joseph Stiglitz shares 5 key insights from The Road to Freedom: Economics and the Good Society.

Do we live in a free market economy? That’s certainly what we tell ourselves, but the idea of economic freedom is an elusive one, according to Joseph Stiglitz, author of the new book The Road to Freedom: Economics and the Good Society. Joseph is a professor of economics at Columbia University and the recipient of a John Bates Clark Medal and a Nobel Prize. He’s also the former senior vice president and chief economist of the World Bank. Scroll down to listen to Joseph share 5 big ideas from his book.

The 5 Key Insights:

1. Americans rightly value freedom.

2. One person or institution’s freedom is another person’s unfreedom.

3. Collective action can meaningfully expand everyone’s freedom.

4. How neoliberal capitalism affects freedom.

5. The economic system of good societies with free citizens.

Hear how “progressive capitalism” will lead to the expansion of freedom: