23 Things They Don't Tell You About Capitalism

3rdRock · Post by **3rdRock** » 09 Dec 2014, 08:20

http://www.DODGY TAX AVOIDERS.co.uk/Things-They-Don ... capitalism

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

A great read which I can wholeheartedly recommend.

You can also find a copy here:

http://mafhom.files.wordpress.com/2013/ ... talism.pdf

nexus · Post by **nexus** » 09 Dec 2014, 09:13

Thanks Shortfall, this looks very interesting.

Little John · Post by **Little John** » 09 Dec 2014, 19:00

downloaded a copy, thanks

Snail · Post by **Snail** » 10 Dec 2014, 03:10

Just finished reading it. Thanks Shortfall for the link.

Sums up a lot of things we've done previously and, frustratingly, are continuing to do right now.

The 'things' are really obvious with a bit of rational thought. There's plenty of past and present examples to use. But for a combination of blind faith, selfishness, greed, and so on..

3rdRock · Post by **3rdRock** » 10 Dec 2014, 18:29

The biggest surprise? The author is an economist!

See: http://hajoonchang.net/ and http://en.wikipedia.org/wiki/Ha-Joon_Chang