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Professor Joseph Stiglitz on the price of inequality

“Wealth begets power, which begets more wealth”, says Professor Stiglitz in this CityTalks episode.

The Nobel Prize winning economist argues that growing inequality brings with it shrinking opportunity. Growing inequality also results in monoculture which rewards certain sectors while relegating others to second class status. But when we help others, our community as a whole benefits.

Professor Stiglitz will receive the Sydney Peace Prize and deliver a lecture on 15 November at Sydney Town Hall. Tickets are available from the Sydney Peace Foundation.

Professor Joseph Stiglitz at Sydney Town Hall for CityTalks, July 2014

About the podcast

CityTalks inspire, educate and engage the people of Sydney on global, national and local city issues. In these podcasts, we revisit talks from experts who challenge our way of thinking and present fresh ideas on issues we face in Sydney – and cities around the world.

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