The coronavirus pandemic reveals the fundamental deficits of our system, says Joseph Stiglitz “This crisis is much deeper than the one twelve years ago. This is particularly evident in the USA: The crisis reveals the fundamental deficits in our system. We spend 17 percent of our gross domestic product on health services, and yet we were miserably prepared for the crisis. And once again, it hits the poorest.” – US Nobel laureate Joseph Stiglitz on the question of whether the crisis is now triggering a self-reflection of our societies and he believes that this time we will fundamentally change our way of doing business, in “A trauma for the world economy” – The US Nobel laureate sees the corona crisis as a turning point that could sustainably change capitalism and prevent President Donald Trump from serving a second term, Handelsblatt, May 6, 2020, No. 87
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