With the financial markets still in turmoil and banks, currencies, even countries struggling to return to normal, the free market is in trouble.
Viable options are scarce, sparking global protests against the rich 1%.Jeffrey Sachs, an academic 'superstar' known for his controversial work on shock therapy, a theory that was applied and tested in dramatic fashion with the privatisation of state resources in South America and Russia.
How can the global financial crisis be solved? What went wrong, and what are the stakes? One of the most controversial economists of our time talks to Al Jazeera's Sami Zeidan about the debt crisis, what caused it and how to fix it. Source