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

Description: Bad Samaritans by Ha-Joon Chang Using irreverent wit, an engagingly personal style, and a battery of examples, Chang blasts holes in the "World Is Flat" orthodoxy of Thomas Friedman and other liberal economists who argue that only unfettered capitalism and wide-open international trade can lift struggling nations out of poverty. FORMAT Paperback LANGUAGE English CONDITION Brand New Publisher Description "Lucid, deeply informed, and enlivened with striking illustrations." -Noam Chomsky One economist has called Ha-Joon Chang "the most exciting thinker our profession has turned out in the past fifteen years." With Bad Samaritans, this provocative scholar bursts into the debate on globalization and economic justice. Using irreverent wit, an engagingly personal style, and a battery of examples, Chang blasts holes in the "World Is Flat" orthodoxy of Thomas 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, todays 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, 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 the marketplace should work, Chang examines the past: what has actually happened. His pungently contrarian history demolishes one pillar after another of free-market mythology. We treat patents and copyrights as sacrosanct-but developed our own industries by studiously copying others technologies. We insist that centrally planned economies stifle growth-but many developing countries had higher GDP growth before they were pressured into deregulating their economies. Both justice and common sense, Chang argues, demand that we reevaluate the policies we force on nations that are struggling to follow in our footsteps. Author Biography Ha-Joon Chang was born in Seoul, South Korea, and teaches Economics and Development Studies at the University of Cambridge. His books include the international bestseller Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism, Kicking Away the Ladder, winner of the Myrdal Prize, and 23 Things They Dont Tell You About Capitalism. Chang was awarded the Leontief Prize for Advancing the Frontiers of Economic Thought. He lives in Cambridge with his wife, Hee-Jeong Kim, and two children, Yuna, and Jin-Gyu. Review "Lucid, deeply informed, and enlivened with striking illustrations ... [Changs] incisive analysis shows how, and why, prescriptions based on reigning doctrines have caused severe harm, particularly to the most vulnerable and defenseless, and are likely to continue to do so." - Noam Chomsky "I recommend this book to people who have any interest in these issues - i.e. everyone." - Bob Geldof "A smart, lively, and provocative book that offers us compelling new ways of looking at globalization." - Joseph Stiglitz, Nobel laureate in economics, 2001 " The resulting polemic about the shortcomings of neoliberal economic theorys belief in unlimited free-market competition and its effect on the developing world is provocative and may hold the key to similar miracles for some of the worlds most troubled economies." - Publishers Weekly, starred review Review Quote "Lucid, deeply informed, and enlivened with striking illustrations ... [Changs] incisive analysis shows how, and why, prescriptions based on reigning doctrines have caused severe harm, particularly to the most vulnerable and defenseless, and are likely to continue to do so." - Noam Chomsky "I recommend this book to people who have any interest in these issues - i.e. everyone." - Bob Geldof "A smart, lively, and provocative book that offers us compelling new ways of looking at globalization." - Joseph Stiglitz, Nobel laureate in economics, 2001 " The resulting polemic about the shortcomings of neoliberal economic theorys belief in unlimited free-market competition and its effect on the developing world is provocative and may hold the key to similar miracles for some of the worlds most troubled economies." - Publishers Weekly, starred review Details ISBN1596915986 Author Ha-Joon Chang Short Title BAD SAMARITANS Language English ISBN-10 1596915986 ISBN-13 9781596915985 Media Book Format Paperback DEWEY 382.71 Residence ENK Subtitle The Myth of Free Trade and the Secret History of Capitalism DOI 10.1604/9781596915985 Imprint Bloomsbury Publishing Plc Place of Publication New York Country of Publication United States AU Release Date 2009-01-02 NZ Release Date 2009-01-02 US Release Date 2009-01-02 UK Release Date 2009-01-02 Pages 288 Publisher Bloomsbury Publishing Plc Year 2009 Publication Date 2009-01-02 Audience General We've got this At The Nile, if you're looking for it, we've got it. 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Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism by H

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