Stiglitz, Joseph E

States that the American government and economy is slanted toward a select number of corporations, contributing to inequality, slow growth, and the exploitation of others rather than the creation of wealth. Describes true sources of wealth and ways to use the markets to work for all citizens, eliminating free market fundamentalism and instituting progressive capitalism.

Examines the true cost of the Iraq War, including the replacement of military equipment and long-term care for thousands of wounded veterans, and investigates the cost of economic damage and lives in Iraq while also revealing how expensive items have been hidden from U.S. taxpayers.

Former World Bank chief economist Joseph E. Stiglitz expresses his disillusionment with international institutions and Washington policy makers regarding the global economy, discussing the plight of poor nations, the East Asia crisis, and the former Soviet economies.

Discusses changes needed in globalization and proposes solutions, covering such areas as the debt of developing countries, international financial instability, global warming, and reform of global institutions such as the United Nations, the World Bank, and the International Monetary Fund.

Presents an argument against the growing inequality in the United States, and explores how monetary and budgetary policies, as well as globalization, have contributed to it.