Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism

Front Cover
Bloomsbury Publishing USA, Aug 9, 2010 - Business & Economics - 288 pages
7 Reviews
Bad Samaritans was an introduction to open-minded economists and political free-thinkers to Ha-Joon Chang's theories of the dangers of free-trade. With irreverent wit, an engagingly 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 U.S. to Britain to his native Korea-all attained prosperity by shameless protectionism and government intervention in industry, a fact conveniently forgotten now that they want to compete in foreign markets. Chang's cage-rattling, contrarian history of global capital appeals to readers new to economic theory as well as members of the old school looking for a fresh take.
 

What people are saying - Write a review

User ratings

5 stars
6
4 stars
1
3 stars
0
2 stars
0
1 star
0

LibraryThing Review

User Review  - HadriantheBlind - LibraryThing

Already read this. Very interesting criticism of neoliberal trade policy, and has some very relevant remarks on 'culture' and economic development. Argues that protectionism is a necessary component ... Read full review

LibraryThing Review

User Review  - CosmicPariah - LibraryThing

This book is one of the best economics books that I have read. The number of insights per page is very high here and no one else seems to be making these arguments which is a rare thing indeed. Read full review

Contents

The Lexus and the olive tree revisited
19
The double life of Daniel Defoe
40
My sixyearold son should get a job
65
The Finn and the elephant
84
Man exploits man
103
Windows 98 in 1997
122
Mission impossible?
145
Zaire vs Indonesia
160
Lazy Japanese and thieving Germans
182
epilogue
203
Notes
223
Index
267
Copyright

Other editions - View all

Common terms and phrases

About the author (2010)

Ha-Joon Chang, a Korean native, has taught at the Faculty of Economics, University of Cambridge, since 1990. He has worked as a consultant for numerous international organizations, including various UN agencies, the World Bank, and the Asian Development Bank. He has published 11 books, including Kicking Away the Ladder, winner of the 2003 Myrdal Prize. In 2005, Ha-Joon Chang was awarded the 2005 Leontief Prize for Advancing the Frontiers of Economic Thought.

Bibliographic information