Opinion Time is up for neoliberals

Democracy requires a new, progressive capitalism.

By
May 13, 2024 at 5:45 a.m. EDT
(Chris Gash for The Washington Post)
7 min

Joseph Stiglitz is a professor of economics at Columbia University and winner of the 2001 Nobel Memorial Prize in economics. His newest book is “The Road to Freedom: Economics and the Good Society.”

Amid another election season, our impulse to debate American democracy through a single political lens is understandable. But we’d be better served considering a second closely related question too: Which economic system serves the most people?

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