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23 Things They Don't Tell You About Capitalism (original 2011; edition 2012)

by Ha-Joon Chang

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6092816,018 (3.97)13
Member:pstobbs
Title:23 Things They Don't Tell You About Capitalism
Authors:Ha-Joon Chang
Info:Bloomsbury Press (2012), Edition: 1, Paperback, 304 pages
Collections:Your library
Rating:****
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23 Things They Don't Tell You About Capitalism by Ha-Joon Chang (2011)

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English (24)  Spanish (2)  German (1)  Dutch (1)  All languages (28)
Showing 1-5 of 24 (next | show all)
National and world economics is such a confusing thing to normal folks, and this book does a super job of simplifying things in a way that helps the reader see the big picture and the context. The author seems to have the objective of debunking the neo-liberal economic myths that have driven our national economy for the last 3 decades, and much of the world economy for that matter. I think he does an excellent job of presenting the neo-liberal arguments, and then laying out evidence that a rational reader can use to judge the validity of those arguments. Bottom line is that it is the author's opinion that these neo-liberal economic policies have driven us into the mess we find ourselves in, and only through a return to the proven policies and practices from the "golden age" of modern capitalism can we dig out of the mess. I find his argument persuasive. ( )
  bicyclewriter | Jan 8, 2016 |
Tries to give you a bit of the rest of the story beyond the commonly understood beliefs about capitalism. I find it interesting that another reviewer labels the myths Chang addresses as neo-liberal, and I would identify them as free-market conservative.
  2wonderY | Jun 9, 2014 |
Interesting discussion of "truths" of capitalism and free market economies that are taken for granted. ( )
  addunn3 | Oct 18, 2013 |
For someone with no background in economics (and this is probably the first book on the subject I've read) then it was definitely an Interesting read. Chang first explains the common views he is trying to rebut. Enjoyable to start with, but by the end arguments felt a little repetitive, and with only the single author's voice I had no idea how other economists would respond to the views being presented. ( )
  fluteflute | Oct 2, 2013 |
A good counterpunch to all the current drivel about the wonderful legacy of Thatcher. Joon takes common statements from the economic religion that is neoliberalism etc. He then very clearly takes them to pieces, points out where they might (all too occasionally) be partly right and presents better ways of seeing the same situation from a more rational approach. It is always surprising how much of mainstream economics is a matter of religious belief, with its holy books and prophets and a constant scurrying effort to twist reality around the credo. Elsewhere I have seen it pointed out that the whole neoliberalism agenda is political rather than economic as, while it has failed to deliver growth or stability, it has delivered power back to an elite and undercut or destroyed the power of labour. That might actually be more likely.

All in all a rational, considered approach to what has been and what might be done with capitalism to get it back to working properly.
1 vote Caomhghin | May 13, 2013 |
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Author nameRoleType of authorWork?Status
Ha-Joon Changprimary authorall editionsconfirmed
Ratchford, PattiCover designersecondary authorsome editionsconfirmed
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Einführung: Die globale Wirtschaft ist schwer angeschlagen.
Eins: Die Märkte müssen frei sein.
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Challenges popular misconceptions while making startling revelations about free-market practices, explaining the author's views on global capitalism dynamics while making recommendations for reshaping capitalism to humane ends.

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