“GDP has been going up for 40 years. Many people think that because GDP goes up that America is successful. But if GDP goes up and most Americans are worse off, its not a measure of success, it’s a measure of failure. An economic system that leaves the majority of individuals worse off today than they were 15-40 years ago is an economic system that is not working.”
- Nobel Economist +Joseph Stiglitz
on how America is paying a high price for being among worst ranked countries in equality of opportunity - lowering overall growth, dividing society, disintegrating social cohesion, paralyzing government, increasing instability and conflict, raising overall economic, environmental and social costs, and fundamentally undermining an otherwise healthy democracy.