23 Things They Don't Tell You About Capitalism

by Ha-JoonChang (Author)

• Used

  Hardcover
  2010

  $3.25

  In 23 Things They Don't Tell You About Capitalism , one of today's most iconoclastic thinkers destroys the biggest myths about the world we live in. It may have its flaws, but there's no real alternative to free-market capitalism - ultimately it's making us all more prosperous. The West is more efficient and financially savvy than the developing world. And technology is the way forward for everyone. Right? Wrong. This book will turn every piece of received economic wisdom you've heard on its head. It reveals the truth behind what 'they' tell you and shows how the system really works, including: There's no such thing as a 'free' market; Globalization isn't making the world richer; We don't live in a digital world - the washing machine has changed lives more than the internet; Poor countries are more entrepreneurial than rich ones; and, Higher paid managers don't produce better results. This galvanizing, fact-packed book about money, equality, freedom and greed proves that the free market isn't just bad for people - it's an inefficient way of running economies too. Here Chang lays out the alternatives, and shows there's a better way.