23 Things They Don't Tell You About Capitalism

Description

'A masterful debunking of some of the myths of capitalism ... Witty, iconoclastic and uncommonly commonsensical ... this book will be invaluable' Observer 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.

Born in South Korea, No 1 International Bestselling Author 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). 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.

A masterful debunking of some of the myths of capitalism ... Witty, iconoclastic and uncommonly commonsensical ... this book will be invaluable * Observer * Important .. persuasive . [an] engaging case for a more cautious and caring era of globalisation * Financial Times * Myth-busting and nicely-written . the best economists are those who look around at our man-made world and ask themselves "why?". Chang is one * Independent * In 23 lucid, sometimes breezily didactic chapters, Chang takes apart the stricken ideology of neoliberalism. Chang's method is not to engage with the neoliberals but to knock them down with assertions. -- Paul Mason, Economics Editor, BBC Newsnight * Guardian * Ha-Joon Chang is a formidable critic...and a true exponent of the art of political economy -- Michael Lind * Prospect * Chang's...iconoclastic attitude has won him fans such as Bob Geldof and Noam Chomsky. -- Rachel Shields * The Independent on Sunday * For anyone who wants to understand capitalism not as economists or politicians have pictured it, but as it actually operates, this book will be invaluable. -- John Gray * Observer *