23 Things They Don't Tell You about Capitalism

Front Cover
Penguin, 2011 - Capitalism - 286 pages
19 Reviews

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.

What people are saying - Write a review

User ratings

5 stars
7
4 stars
12
3 stars
0
2 stars
0
1 star
0

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

Other editions - View all

About the author (2011)

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.

Bibliographic information