Note: Joseph Stiglitz also wrote “Rewriting the Rules of the American Economy” (pdf report) an excerpt of which is posted one post down from here.
Rewriting the Rules exposes "the link between the rapidly rising fortunes of America’s wealthiest citizens and increasing economic insecurity for everyone else" and concludes that there is no "piecemeal policy change" that will solve the problem. The rules of our economy need to be completely rewritten if we want the wealth accumulated at the top to actually start benefitting society in general.
Video: Stiglitz on Inequality, Wealth, and Growth: Why Capitalism is Failing
Courtesy of Economist's View