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Why do we blame individuals for economic crises? | Liene Ozoliņa

TED Talks Daily
2020-09-16
14:02
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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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