Decades of free-market orthodoxy have taken a toll on democracy | Joseph Stiglitz

After 40 years of neoliberalism, the verdict is in - the fruits of growth went to the few at the top

At the end of the cold war, the political scientist Francis Fukuyama wrote a celebrated essay called The End of History? Communism's collapse, he argued, would clear the last obstacle separating the entire world from its destiny of liberal democracy and market economies. Many people agreed.

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