Raj Patel: How to Reshape Market Society and Redefine Democracy

Duration
1:06:57

Raj Patel




Author, Stuffed and Starved and The Value of Nothing: How to Reshape Market Society and Redefine Democracy


If economics is about choices, who gets to make them? Activist and academic Patel says that prices often mislead us, and he reveals the "hidden costs" of goods. To demonstrate his argument that the free market and corporations distort price and value, Patel suggests that the true price of a hamburger would be $200 if we factor in the hidden environment and health costs.


This program was recorded in front of a live audience at the Commonwealth Club of California on January 6, 2010.