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Bloomsbury USA

23 Things They Don't Tell You about Capitalism

23 Things They Don't Tell You about Capitalism

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  • Thing 1: There is no such thing as free market.
  • Thing 4: The washing machine has changed the world more than the Internet.
  • Thing 5: Assume the worst about people, and you get the worst.
  • Thing 13: Making rich people richer doesn't make the rest of us richer.

  • If you've wondered how we did not see the economic collapse coming,
    Ha-Joon Chang knows the answer: We didn't ask what they didn't tell us
    about capitalism. This is a lighthearted book with a serious purpose: to
    question the assumptions behind the dogma and sheer hype that the
    dominant school of neoliberal economists-the apostles of the
    freemarket-have spun since the Age of Reagan.
    Chang, the author of the international bestseller Bad Samaritans,
    is one of the world's most respected economists, a voice of sanity-and
    wit-in the tradition of John Kenneth Galbraith and Joseph Stiglitz. 23 Things They Don't Tell You About Capitalism
    equips readers with an understanding of how global capitalism works-and
    doesn't. In his final chapter, "How to Rebuild the World," Chang offers
    a vision of how we can shape capitalism to humane ends, instead of
    becoming slaves of the market.
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