Quantcast
Channel: Pax on both houses
Viewing all articles
Browse latest Browse all 30150

"The Insanity Of Our Food Policy," Joseph Stiglitz

$
0
0
Nobel Laureate, Joseph Stiglitz

***

"The nonsensical arrangement being proposed in the House Republicans' farm bill is an especially egregious version of this process. It takes real money, money that is necessary for bare survival, from the poorest Americans, and gives it to a small group of the undeserving rich, in return for their campaign contributions and political support. There is no economic justification: The bill actually distorts our economy by promoting the kind of production we don't need and shrinking the consumption of those with the smallest incomes. There is no moral justification either: It actually increases misery and precariousness of daily life for millions of Americans." Joseph E. Stiglitz in The New York Times

Whether through prejudice or not, the social system is arranged to screw the poor.




Viewing all articles
Browse latest Browse all 30150

Trending Articles