23 Things They Don’t Tell You About Capitalism

Description

by Chang, Ha-Joon | Society & social sciences
Published 01/09/2011 by Penguin Books Ltd in the United Kingdom
Paperback | 304 pages

Ha-Joon Chang’s 23 Things They Don’t Tell You About Capitalism turns received economic wisdom on its head to show you how the world really works. In this revelatory book, Ha-Joon Chang destroys the biggest myths of our times and shows us an alternative view of the world, including:

• 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

We don’t have to accept things as they are any longer. Ha-Joon Chang is here to show us there’s a better way.

‘Lively, accessible and provocative … read this book’ – Sunday Times

‘A witty and timely debunking of some of the biggest myths surrounding the global economy’ – Observer

‘The new kid on the economics block … Chang’s iconoclastic attitude has won him fans’ – Independent on Sunday

‘Lucid … audacious … increasingly influential … will provoke physical symptoms of revulsion if you are in any way involved in high finance’ – Guardian

‘Important … persuasive … an engaging case for a more caring era of globalization’ – Financial Times

‘A must-read … incisive and entertaining’ – New Statesman Books of the Year

Ha-Joon Chang is a Reader in the Political Economy of Development at the University of Cambridge. He is author of Kicking Away the Ladder: Development Strategy in Historical Perspective, which won the 2003 Gunnar Myrdal Prize, and Bad Samaritans: Rich Nations, Poor Policies and the Threat to the Developing World. Since the beginning of the 2008 economic crisis, he has been a regular contributor to the Guardian, and a vocal critic of the failures of our economic system.