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23 Things They Don't Tell You About Capitalism (2010)

23 Things They Don't Tell You About Capitalism (2010)

Book Info

Author
Rating
3.96 of 5 Votes: 3
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ISBN
1608191664 (ISBN13: 9781608191666)
Language
English
Publisher
Bloomsbury Press

About book 23 Things They Don't Tell You About Capitalism (2010)

Chang laat overtuigend zien dat de vrije markt een fictie is. Nog meer dan ik al dacht. Enkele citaten die me opvielen:pag 35/36“what is a necessary state intervention consistent with free-market capitalism is really a matter of opinion. There is no scientifically defined boundary for free market.”citaat uit andere review:Chang (Bad Samaritans) takes on the "free-market ideologues," the stentorian voices in economic thought and, in his analysis, the engineers of the recent financial catastrophe. Free market orthodoxy has inserted its tenterhooks into almost every economy in the world--over the past three decades, most countries have privatized state-owned industrial and financial firms, deregulated finance and industry, liberalized international trade and investments, and reduced income taxes and welfare payments. But these policies have unleashed bubbles and ever increasing income disparity. How can we dig ourselves out? By examining the many myths in the narrative of free-market liberalism, crucially that the name is itself a misnomer: there is nothing "free" about a market where wages are largely politically determined; that greater macroeconomic stability has not made the world economy more stable; and a more educated population itself won't make a country richer. An advocate of big, active government and capitalism as distinct from a free market, Chang presents an enlightening précis of modern economic thought--and all the places it's gone wrong, urging us to act in order to completely rebuild the world economy: "This will some readers uncomfortable... it is time to get uncomfortable." (Jan.) (c) Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.Enkele citaten die me opvielen:pag 35/36“what is a necessary state intervention consistent with free-market capitalism is really a matter of opinion. There is no scientifically defined boundary for free market.” A nice, clear, straightforward look at a number of challenges surrounding the institution of global capitalism in the 21st century. The author takes the view that although capitalism is the best economic system we have, significant government regulation is necessary for the creation of a just society. The book is basically a polemic against neoliberalism, and ultimately, it makes a strong argument. Was worth the read for a novice in economic matters looking to gain more insight.

Do You like book 23 Things They Don't Tell You About Capitalism (2010)?

Enlightening, They should be teaching this in every school, university, club ... everywhere !
—mareto

Economics can be interesting (at least in small, essay-sized doses).
—Maz

Imported from my LinkedIn Reading List via Shelfari.
—ananya9993

Marvellous but realistic insight in todays economy.
—Adara

Excellent!!!
—XxTheMadHatterxX

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