Short description
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. This 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.
Long description
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. 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.
Review
A masterful debunking of some of the myths of capitalism ... Witty, iconoclastic and uncommonly commonsensical ... this book will be invaluable Observer Important .. persuasive . [an] engaging case for a more cautious and caring era of globalisation 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 Independent In 23 lucid, sometimes breezily didactic chapters, Chang takes apart the stricken ideology of neoliberalism. Chang's method is not to engage with the neoliberals but to knock them down with assertions. -- Paul Mason, Economics Editor, Bbc Newsnight Guardian Ha-Joon Chang is a formidable critic...and a true exponent of the art of political economy -- Michael Lind Prospect Chang's...iconoclastic attitude has won him fans such as Bob Geldof and Noam Chomsky. -- Rachel Shields The Independent on Sunday For anyone who wants to understand capitalism not as economists or politicians have pictured it, but as it actually operates, this book will be invaluable. -- John Gray Observer