Raj Patel, author of the new book “The Value of Nothing,” spoke to Stephen Colbert about the hidden costs behind almost everything we consume. Patel suggested that a McDonald’s hamburger should actually cost $200! And why the free market system is hurting nations all over the world. (watch video of Patel on Comedy Central with Stephen Colbert below)

Paj Patel

more Patel after the jump…

Patel is a British-born American academic, journalist, activist and writer. He’s born to a mother from Kenya and a father from Fiju.

Patel received a B.A in Philosophy, Politics and Economics from Oxford unversity and a Masters Degree from the London School of Economics then a PhD in Development Sociology from Cornell University in 2002.  As part of his academic training, Patel worked at the World Bank, World Trade Organization and the United Nations. He has since become an outspoken public critic of all of these organizations, and claims to have been tear-gassed on four continents protesting against his former employers.

This is one of Patel’s great quotes: Generosity makes us happiest. We’ll be happier people when we share, not when we impose, but when we learn from one another. Because when I’m connected to everyone I disappear … in being excellent you lose yourself. And when you’re connected to everyone, that’s the best thing that can happen.

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Raj Patel
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