That said, the link, with the comment on "indentured servitude" a mid-item part, but the entire thing worth attention.
And do THINK. "Pliant on Payments" could have been a catch-phrase when the plutocrats formulated policy in the back rooms of government. Government and finance, hand in hand.
Do read that Democracy Now! transcript. It's helpful.
UPDATE: Read it all the way to where Stiglitz states:
And the word I use is progressive capitalism. But, you know, is there any difference between my definition of progressive capitalism and what Bernie has called democratic socialism? No. It’s all trying to get at an economy that serves our citizens.