Raj Patel, author of *The Value of Nothing*, critiques the free market's impact on freedom and resource management. He argues that prices often mislead us, revealing "hidden costs" that distort true value. For instance, a hamburger's real price could be $200 when factoring in environmental and health expenses.
Patel, an activist and academic, suggests Nobel laureate Elinor Ostrom's concept of collaborative governance, known as "the commons," offers a better alternative for resource management than the current free market system. Visit Raj Patel's website: rajpatel.org.
| EarthSayers | Raj Patel |
| Organizations | Fora.tv |
| EarthSayers Rating | Recommended |
| Country | United States |
| Date | unknown |
| Format | Speech |
| Member of Special Collection | Transforming Our Economy |
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