Bad Samaritans The Myth of Free Trade and the Secret History of Capitalism
Bad Samaritans will be a breakout trade book for a fresh new voice in the world of economics, Ha-Joon Chang. With irreverent wit, an engaging personal style, and a keen grasp of history, Chang blasts holes in the "World is flat" orthodoxy of Thomas Friedman and others who argue that only unfettered capitalism and wide-open international trade can lift struggling nations out of poverty. On the contrary, Chang shows, today's economic superpowers -- from the United States to Britain to his native South Korea -- all attained prosperity by shameless protectionism and government intervention in industry. We in the wealthy nations have conveniently forgotten this fact, telling ourselves a fairy tale about the magic of free trade and -- via our proxies such as the World Bank, International Monetary Fund, and World Trade Organization -- ramming policies that suit ourselves down the throat of the developing world. Unlike typical economists who construct models of how economies are supposed to behave, Chang examines the past: what has actually happened. His pungently contrarian history demolishes one pillar after another of free-market mythology.
"Bad Samaritans will be a breakout trade book for a fresh new voice in the world of economics, Ha-Joon Chang. With irreverent wit, an engaging personal style, and a keen grasp of history, Chang blasts holes in the "World is flat" orthodoxy of Thomas Friedman and others who argue that only unfettered capitalism and wide-open international trade can lift struggling nations out of poverty. On the contrary, Chang shows, today's economic superpowers -- from the United States to Britain to his native South Korea -- all attained prosperity by shameless protectionism and government intervention in industry. We in the wealthy nations have conveniently forgotten this fact, telling ourselves a fairy tale about the magic of free trade and -- via our proxies such as the World Bank, International Monetary Fund, and World Trade Organization -- ramming policies that suit ourselves down the throat of the developing world. Unlike typical economists who construct models of how economies are supposed to behave, Chang examines the past: what has actually happened. His pungently contrarian history demolishes one pillar after another of free-market mythology."@en
"A response to "The World Is Flat" challenges beliefs about free trade, globalization, and economic justice to provide a contrarian history of global capitalism, revealing how top-level economies achieved their wealth through practices that victimized the developing world."@en
"Challenges beliefs about free trade, globalization, and economic justice to provide a contrarian history of global capitalism, revealing how top-level economies achieved their wealth through less ethical practices that victimized the developing world."@en
"Challenges beliefs about free trade, globalization, and economic justice to provide a contrarian history of global capitalism, revealing how top-level economies achieved their wealth through less ethical practices that victimized the developing world."
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