Bad samaritans: the myth of free trade and the secret history of capitalism

Book Cover
Average Rating
Pub. Date:
A rising young star in the field of economics attacks the free-trade orthodoxy of The World Is Flat head-on—a crisp, contrarian history of global capitalism. 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, today’s 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.
More Details
Also in This Series
More Like This
Reviews from GoodReads
Loading GoodReads Reviews.
Staff View

Grouping Information

Grouped Work ID bc8528ff-e263-1c29-233c-7e0a7ca47ef8
Grouping Title bad samaritans the myth of free trade and the secret history of capitalism
Grouping Author chang ha joon
Grouping Category book
Last Grouping Update 2018-09-15 06:21:18AM
Last Indexed 2018-09-19 04:52:56AM

Solr Details

accelerated_reader_point_value 0
accelerated_reader_reading_level 0
author Chang, Ha-Joon.
author_display Chang, Ha-Joon
available_at_arlington Central
collection_arlington Adult Nonfiction
detailed_location_arlington Central Adult Nonfiction
format_arlington Book
format_category_arlington Books
id bc8528ff-e263-1c29-233c-7e0a7ca47ef8
isbn 9781596913998
item_details ils:.b12976489|.i13243895|Central Adult Nonfiction|382.71 CHANG|||1|false|false|||||Due Sep 18, 2018|Aug 28, 2017|can||, ils:.b12976489|.i13243901|Central Adult Nonfiction|382.71 CHANG|||1|false|false|||||On Shelf|Aug 11, 2018|can||
itype_arlington Hardback
last_indexed 2018-09-19T08:52:56.995Z
lexile_score -1
literary_form Non Fiction
literary_form_full Non Fiction
local_callnumber_arlington 382.71 CHANG
owning_library_arlington Arlington Public Library, Aurora Hills, Central, Cherrydale, Columbia Pike, Connection Crystal City, Detention Center, Glencarlyn, Local History, Plaza, Shirlington, Westover
owning_location_arlington Central
primary_isbn 9781596913998
publishDate 2008
record_details ils:.b12976489|Book|Books||English|Bloomsbury,|[2008]|xi, 276 pages ; 24.
recordtype grouped_work
Bib IdItem IdGrouped StatusStatusLocally OwnedAvailableHoldableBookableIn Library Use OnlyLibrary OwnedHoldable PTypesBookable PTypesLocal Url
ils:.b12976489 .i13243901 On Shelf On Shelf false true true false false true 9999
ils:.b12976489 .i13243895 Checked Out Checked Out false false true false false true 9999
subject_facet Capitalism, Free trade
title_display Bad samaritans : the myth of free trade and the secret history of capitalism
title_full Bad samaritans : the myth of free trade and the secret history of capitalism / Ha-Joon Chang
title_short Bad samaritans :
title_sub the myth of free trade and the secret history of capitalism