Bad Samaritans

Bad Samaritans

The Myth of Free Trade and the Secret History of Capitalism

Book - 2009
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Bad Samaritans was an introduction to open-minded economists and political free-thinkers to Ha-Joon Chang's theories of the dangers of free-trade. With irreverent wit, an engagingly personal style, and a keen grasp of history, Chang blasts holes in the "World Is Flat" orthodoxy of Thomas Friedman and others 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, a fact conveniently forgotten now that they want to compete in foreign markets. Chang's cage-rattling, contrarian history of global capital appeals to readers new to economic theory as well as members of the old school looking for a fresh take.

Publisher: New York : Bloomsbury Press, 2009, c2008.
Edition: Pbk. ed. --
ISBN: 9781596915985
1596915986
Branch Call Number: 382.71 Cha 9254ag 1
Characteristics: xi, 276 p.

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1aa
Mar 21, 2017

This is an informally written book that aims to debunk the development economics ideology of the 'Chicago boys' (free trade, open markets globalization agenda), by using simple explanations and historical examples. My favorite chapter was the sixth, on IP (including introducing but not developing ideas like patent pools and matching policies), and the last chapter, on culture, was one I looked forward to, but whilst it was funny, it was a bit disappointing (its the weakest chapter).

c
crm57d
Sep 13, 2013

Written for an popular audience. Academic audience version is "Kicking Away to Ladder". Summary: History shows developed nations have developed using government intervention (protectionism, etc.) in market, which they then both abandon when they become developed (as unnecessary any longer) and try to prevent less developed nations from using (either to avoid more competition, or rewriting of own history).

n
NeverAgain
Oct 20, 2010

Finally, an antidote to neoliberal economic baffle-gab that is easy to understand... well worth the listen.

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