23 Things They Don't Tell You about Capitalism

Front Cover
Penguin, 2011 - Capitalism - 286 pages
POLITICS & GOVERNMENT. In "23 Things They Don't Tell You About Capitalism" one of today's most iconoclastic thinkers destroys the biggest myths about the world we live in. There's no such thing as a 'free' market. Globalization isn't making the world richer. We don't live in a digital world - the washing machine has changed lives more than the internet. Poor countries are more entrepreneurial than rich ones. Higher paid managers don't produce better results. This galvanizing, fact-packed book about money, equality, freedom and greed proves that the free market isn't just bad for people - it's an inefficient way of running economies too. Here Chang lays out the alternatives, and shows there's a better way.

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LibraryThing Review

User Review  - dougb56586 - LibraryThing

The 23 things of the title are specific criticisms the author makes against “Free Market” economics. I read and enjoyed his earlier book, “Bad Samaritans”. I enjoyed this book as well, but with have ... Read full review

LibraryThing Review

User Review  - bicyclewriter - LibraryThing

National and world economics is such a confusing thing to normal folks, and this book does a super job of simplifying things in a way that helps the reader see the big picture and the context. The ... Read full review

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About the author (2011)

Born in South Korea, Ha-Joon Chang is a specialist in development economics and Reader in the Political Economy of Development at the University of Cambridge. In 2005, Chang was awarded the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought. He is author of Kicking Away the Ladder- Development Strategy in Historical Perspective (2002), which won the 2003 Gunnar Myrdal Prize, and Bad Samaritans- Rich Nations, Poor Policies and the Threat to the Developing World (2007).

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