http://www.beppegrillo.it/eng/2007/01/stiglitz.html
The Nobel prize-winner for Economics, Joseph Stiglitz has sent me a letter and given two interviews. One is on globalisation and is published below. The other is on video and is about work and poverty.
"Dear Beppe,
maybe we need a RESET; before that we can try to put a grand of sand in the machine. This is what I'm trying to do as an economist.
For much of the world, globalization as it has been managed seems like a pact with the devil. A few people in the country become wealthier; GDP statistics, for what they are worth, look better, but ways of life and basic values are threatened … This is not how it has to be.
We can make globalization work, not only for the rich and powerful, but for everyone, for those that live in the poorest contries too. The task is difficult and requires time. We waited too much: the time to get working has come.
Greetings.
Joe
"
