23 Things They Don't Tell You about Capitalism

Name: 23 Things They Don't Tell You about Capitalism
Price: 5.11 USD
Availability: InStock
ISBN: 9781608191666

ISBN-10: 1608191664

ISBN-13: 9781608191666

Edition: 2011

Authors: Ha-Joon Chang

List price: $25.00

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Book details

List price: $25.00
Copyright year: 2011
Publisher: Bloomsbury Publishing USA
Publication date: 1/2/2011
Binding: Hardcover
Pages: 304
Size: 6.00" wide x 8.75" long x 1.25" tall
Weight: 0.836
Language: English



Acknowledgements


Introduction



There is no such thing as a free market



Companies should not be run in the interest of their owners



Most people in rich countries are paid more than they should be



The washing machine has changed the world more than the internet has



Assume the worst about people and you get the worst



Greater macroeconomic stability has not made the world economy more stable



Free-market policies rarely make poor countries rich



Capital has a nationality



We do not live in a post-industrial age



The US does not have the highest living standard in the world



Africa is not destined for underdevelopment



Governments can pick winners



Making rich people richer doesn't make the rest of us richer



US managers are over-priced



People in poor countries are more entrepreneurial than people in rich countires



We are not smart enough to leave things to the market



More education in itself is not going to make a country richer



What is good for General Motors is not necessarily good for the United States



Despite the fall of communism, we are still living in planned economies



Equality of opportunity may not be fair



Big government makes people more open to change



Financial markets need to become less, not more, efficient



Good economic policy does not require good economists


Conclusion: How to rebuild the world economy


Notes


Index