The Price of Inequality: Talk by Nobel Prize Laureate Joseph Stiglitz (Sydney Town Hall) - Free

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patoruzu on 16/06/2014 - 16:45 ticketmaster.com.au (617 clicks)
Last edited 16/06/2014 - 17:02 by 1 other user

This is a free event limited entrance tickets are available from Ticketmaster on 136100 or via the link.

Tuesday 8 July 2014 6.30pm - 8pm Sydney Town Hall George Street, Sydney

Description: Joseph Stiglitz - The Price of Inequality

Hear Nobel Prize-winning economist Joseph E. Stiglitz and a panel of experts discuss the price of inequality and what happens to communities when the issue is ignored.

Can we improve social wellbeing and address relative inequality while creating productive economies and liveable places with good public transport, social infrastructure and services?

How do we create well-connected communities that improve our physical and mental health?

The City of Sydney is developing a Social Sustainability Discussion Paper to consider the social issues that shape our communities – and ways we can all share the responsibilities and rewards of creating a better, fairer society.

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  patoruzu on 16/06/2014 - 17:57

  +1

  I wonder how the entities which command Australia (through puppets as Tony Abbott, Joe Hockey, etc.) feel about the proliferation of these ideas.

  • 

    RefusdClassification on 17/06/2014 - 04:13

    -4

    Liberalism is inverse communism: redistributing the wealth from the poor to the rich.

    Why do these 'capitalists' need all this money anyway? I read ~75% of wealthy people are misers. Why do they need to keep ripping us off when they wear clothes from K-Mart and drive 15 year old bombs, when they always go to bed early to save money on electricity bills and haggle over the price of a cabbage at the markets?

    There are more poor than rich people, so why do we let the rich minority control the destiny of our country and the world? We need another Bolshevik revolution.

    • 

      Scrooge McDuck on 17/06/2014 - 10:06

      -1

      I wouldn't be poor if you gave me a million dollars!

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  chid on 16/06/2014 - 21:59

  Thanks for sharing!

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  BlueElephant on 16/06/2014 - 23:44

  Thanks for sharing OP.
  A recording from 2012, @YouTube

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  jesho on 17/06/2014 - 00:23

  +1

  Any plans for this to come to Melbourne?

  "The top 1 percent of Americans gained 93 percent of the additional income created in the country in 2010, as compared with 2009." Hmmm..

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  ElleEss on 17/06/2014 - 07:48

  It may have 'sold' out already - when I clicked on the deal Ticketmaster it says "no tickets right now" and when I worked through the options (just in case y'know), it came back to the same. Has anyone else gotten tickets? Hoping maybe they're not yet available…

  • 

    karitas on 17/06/2014 - 11:00

    I got tickets about 2 minutes ago.. so I'm sure there's still a couple left!

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  Kanasuke on 17/06/2014 - 08:40

  +1

  On the subject of income inequality, be very careful there are different types of inequalities and confusing them has a heavy impact on your moral outlook.

  1) There is inequality created by customers. Customers' purchasing decisions, create wealth inequality. Because customers tend to buy from suppliers who sell the cheapest goods at the highest quality, those who produce most efficiently tend to be rewarded and accumulate wealth faster, than those who do not, therefore creating wealth inequality.

  2) The second type of inequality is created by government. Government reward those people who are most politically connected, with contracts, subsidies, or bailouts. This causes wealth to be transferred (via the tax system) from everyone in the country, over to the most well-connected (aka the 'friends of government'), thus creating wealth inequality.

  I have no problems with people making money via (1). But I DO have a problem with people making money via (2). https://www.youtube.com/watch?v=HBIkj6UdlQg

  • 

    patoruzu on 17/06/2014 - 10:45

    +3

    Wait a minute. Carefulness must first apply to arguments that rely too much on idealizing complex concepts. In (1) you are repeating a dogma that idealizes the capacity of customers to decide truly freely.

    But in the real world "purchase decision" cannot escape manipulation and brain washing. These mechanisms can be implemented by those who have resources. Take the CocaCola case for instance, we are raised to love the CocaCola flavor among any other competence. And our "purchase decision" is therefore limited to pick what we are exposed to while ignoring what does not reach us.

    Once any resource is subject to dramatic unbalance then there is no difference between (1) and (2). Customers are soon manipulated. Having the wealth in few hands means that the power is in few hands, and you do not need the existence of a "Government".

    Please, people, do not buy so easily the (1) and (2) dogma structure above that "libertarians" try to sell us.

    • 

      Kanasuke on 22/06/2014 - 10:08

      Except in your scenario, you do not even have a "purchasing decision" at all.

      May I ask, What magic is it that rules out the possibility for your "government" to not also manipulate people? Except you can't watch government die to the competitors by voting them out with your dollar.
      Or suppose we vote out labor and put in liberal, and "everything is better now"?

      Also didn't you just SAY that having wealth gathered in a few hands means power in few hands?? Why does that rule not apply to the bureaucracy? There is a thin veneer of candidates we can choose from upfront, but the real power structures are the various government agencies in the background that are not subject to election, and not punished for squandering resources.

      • 

        patoruzu on 08/07/2014 - 10:00

        It is you who denies the potential flaws in every human construction or tools, the fact is that anything can be used for bad purposes. That goes for the market, the government, or the time-machine.
        Take a hammer for instance and you'll find hundreds of bad things you could do with it. For a libertarian that is a good reason to rule out the hammer from earth, in analogy to what they do with government.

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  sagrules on 17/06/2014 - 10:43

  +1

  It says that a podcast will be available a few days after the presentation in case anyone interstate is interested in listening to the presentation.

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  ycon on 17/06/2014 - 13:06

  No ticket's left! If anyone is keen to give away a ticket or two, I'm very keen to go. Thanks