Suppose someone were to describe a small country that provided free education through university for all of its citizens, transportation for schoolchildren, and free health care - including heart surgery - for all. You might suspect that a country is either phenomenally rich or on the fast track to fiscal crisis.
In his book "The Great Divide," Joseph E. Stiglitz presents a striking vision of a small country that offers extensive social benefits, such as free education up to the university level, transportation assistance for schoolchildren, and comprehensive healthcare, including advanced procedures like heart surgery, for its citizens. Such a scenario may raise questions about the country's economic viability, leading to speculation that it is either extremely wealthy or dangerously close to financial collapse.
Stiglitz's exploration prompts readers to consider the implications of a society that provides these valuable services to all its members. The contrast between the ideal of equal access to education and healthcare and the reality of economic disparities serves as a foundation for discussing broader societal issues, including wealth distribution and the sustainability of such generous public policies.
