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Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism
Bad Samaritans The Myth of Free Trade and the Secret History of Capitalism
Author: Ha-Joon Chang
?Lucid, deeply informed, and enlivened with striking illustrations, this penetrating study could be entitled ?Economics in the Real World.? Chang reveals the yawning gap between standard doctrines concerning economic development and what really has taken place from the origins of the industrial revolution until today. His incisive analysis sh...  more »Using irreverent wit, an engagingly personal style, and a battery of examples, Chang blasts holes in the ?World I s Flat? orthodoxy of T homas Friedman and other liberal economists 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 U .S. to Britain to his native Korea?all attained prosperity by shameless protectionism and government intervention in industry. We 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, I nternational Monetary Fund, and World T rade Organization?ramming policies that suit ourselves down the throat of the developing world.
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ISBN-13: 9781596915985
ISBN-10: 1596915986
Publication Date: 12/23/2008
Pages: 288
Edition: Reprint
Rating:
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5 stars, based on 1 rating
Publisher: Bloomsbury Press
Book Type: Paperback
Other Versions: Hardcover, Audio Cassette, Audio CD
Members Wishing: 2
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