23 Things They Don't Tell You About Capitalism

23 Things They Don't Tell You About Capitalism

3.97 (6,593 ratings by Goodreads)
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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.

It may have its flaws, but there's no real alternative to free-market capitalism - ultimately it's making us all more prosperous. The West is more efficient and financially savvy than the developing world. And technology is the way forward for everyone. Right?

Wrong. This book will turn every piece of received economic wisdom you've heard on its head. It reveals the truth behind what 'they' tell you and shows how the system really works, 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

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.
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Product details

  • Hardback | 304 pages
  • 144 x 222 x 29mm | 444g
  • London, United Kingdom
  • English
  • 1846143284
  • 9781846143281
  • 123,060

Review quote

Leading economist [Ha-Joon Chang] has likened the nation's acceptance of free-market capitalism to that of the brainwashed characters in the film The Matrix, unwitting pawns in a fake reality. [Chang] debunks received wisdom on everything -- Rachel Shields * Independent * A masterful debunking of some of the myths of capitalism ... Witty, iconoclastic and uncommonly commonsensical ... this book will be invaluable -- John Gray * Observer * Lively and provocative book ... Read this book -- David Smith * Sunday Times * Incisive and entertaining ... scathing about the conventional wisdom' -- Robert Skidelsky * New Statesman * Important .. persuasive ... [an] engaging case for a more cautious and caring era of globalisation -- James Crabtree * 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 -- Sean O'Grady * Independent *
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About Ha-Joon Chang

Born in South Korea, 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).
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Rating details

6,593 ratings
3.97 out of 5 stars
5 30% (1,973)
4 44% (2,922)
3 20% (1,317)
2 4% (291)
1 1% (90)
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