Inequality isn’t only plaguing America—the Arab Spring flowered because international capitalism is broken. Nobel laureate Joseph Stiglitz says the world is finally rising up and demanding a democracy where people, not dollars, matter—the best government that money can buy just isn’t good enough.

Forget monetary policy. Re-examining the cause of the Great Depression—the revolution in agriculture that threw millions out of work—the author argues that the U.S. is now facing and must manage a similar shift in the “real” economy, from industry to service, or risk a tragic replay of 80 years ago.

Americans have been watching protests against oppressive regimes that concentrate massive wealth in the hands of an elite few. Yet in our own democracy, 1 percent of the people take nearly a quarter of the nation’s income—an inequality even the wealthy will come to regret.