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.
teaches in the Faculty of Economics at the University of Cambridge.
His books include the bestselling Bad Samaritans: The Myth of Free
Trade and the Secret History of Capitalism. His Kicking Away the
Ladder received the 2003 Myrdal Prize, and, in 2005, Chang was
awarded the Leontief Prize for Advancing the Frontiers of Economic