Why do we blame individuals for economic crises? | Liene Ozoli?a - a podcast by TED

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 Ozoli?a 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.

Further episodes of TED Talks Daily (HD video)

Further podcasts by TED

Website of TED