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Joseph Stiglitz says you’re quite wrong. He’s a Nobel Prize winning economist. https://youtu.be/4BAsZIHp9HI https://youtu.be/4BAsZIHp9HI Yourself ? Do you hav
by kranke155 3y ago
Joseph Stiglitz says you’re quite wrong. He’s a Nobel Prize winning economist.
https://youtu.be/4BAsZIHp9HI https://youtu.be/4BAsZIHp9HI
Yourself ? Do you have a 58 minute lecture backed by rigorous data on why you’re so right? Or just conviction ?
- jerf 3y agoJoseph Stiglitz says that policymakers are just helpless people adrift on the oceans of chaos, and that we should be OK when they point at everything else because it's completely true they're never responsible for anything? If so, he's an idiot no matter how many Nobel Prizes he has. If, as is far more likely, that's not at all what he says in those 58 minutes, you've been conveniently distracted by what is cognitively available to you from my main point, which is, if policymakers are effective, then they are responsible to a large degree. Corporate greed is a ludicrous blame shifting operation and honestly a measure of just how much responsibility they hold for what is going on in the economy right now if they're stretching for such a self-evidently stupid defense. As others have pointed out, it isn't that companies aren't greedy, it's that they have never ever ever been not greedy.
- kranke155 3y agoWhat a bizarre response. More anger than anything else.
- karaterobot 3y agoMost of your comment is just an appeal to authority, which is a fallacy. Focus on the rigorous data part!
- kranke155 3y agoMy Philosophy teacher always said that appeals to authority aren't quite wrong, only that they shouldn't be used in isolation. I lay out my argument: 1. Joseph Stiglitz is an award winning economist 2. He has studied the situation in depth 3. His conclusion is "greedflation" type effects are real