An important reassessment by the Nobel laureate economist of the relationship between capitalism and freedom. Despite its apparent failures, the narrative of neoliberalism retains its allure in the public mind and the policies of governments around the world. According to this narrative, less regulation and more "animal spirits" in capitalism not only produce greater prosperity but also more freedom for individuals in society - and are therefore morally better. However, in "The Road to Freedom," Stiglitz asks, whose freedom are we thinking of - should we be thinking of? What happens when one person's freedom comes at the expense of another's? Should the freedoms of corporations affect the freedoms of individuals?

Tackling giants of neoliberalism such as Hayek and Friedman and examining how public opinion is shaped, Stiglitz reclaims the language of freedom from the right, demonstrating how "free" - unregulated - markets, far from promoting growth and business, actually diminish them, limiting economic opportunities for the majority and siphoning wealth from the many to the few - both individuals and countries. He shows how neoliberal economics and the existing moral system have influenced our legal and social freedoms in astonishing ways, from property and intellectual property rights to education and social media.

Stiglitz's focus is always on how we could create true human prosperity, which should be the great goal of our economic and social system, and offers an alternative to what prevails today. "The Road to Freedom" offers a powerful reassessment of democracy, the economy, and what constitutes a good society - and provides a path for how we can achieve it.

Pages: 384, Dimensions: 13x13cm