Joseph 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 becau

Joseph 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.