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Why do we blame individuals for economic crises?

No subtitles available.
Title:
Чому ми звинувачуємо людей в економічній кризі?
Speaker:
Liene Ozoliņa
Description:

In 2008, the global financial crisis decimated Latvia. As unemployment skyrocketed, the government slashed public funding and raised taxes, while providing relief to the wealthy and large businesses -- all without backlash or protest from struggling citizens. Sociologist Liene Ozoliņa examines how Latvian officials convinced their people to accept responsibility for the country's failing economy -- and highlights the rise of similar social policies upholding inequality worldwide.

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Video Language:
English
Team:
closed TED
Project:
TEDTalks
Duration:
14:02

Ukrainian subtitles

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