Economist Joseph Stiglitz: Capitalism Hasn't Been Working for Most People for the Last 40 Years

We look at staggering inequality and the state of the U.S. economy with Nobel Prize-winning economist Joseph Stiglitz, who served as chair of the Council of Economic Advisers under President Clinton. Joseph Stiglitz is a professor at Columbia University and chief economist for the Roosevelt Institute. His latest book, out this week, is "People, Power, and Profits: Progressive Capitalism for an Age of Discontent."