23 Things They Don't Tell You about Capitalism by Ha-Joon Chang

23 Things They Don't Tell You about Capitalism by Ha-Joon Chang

INTERNATIONAL BESTSELLER

"For anyone who wants to understand capitalism not as economists or politicians have pictured it but as it actually operates, this book will be invaluable."-Observer (UK)

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.

HA-JOON CHANG is a lecturer in development economics and institutional economics at the University of Cambridge's Faculty of Economics and Politics. He has written numerous publications on topics as diverse as state theories, institutional economics, privatization, industrial strategy, and the East Asian development experience. He's also co-edited two books: The Transformation of Communist Economies: Against the Mainstream (also from Macmillan) and The Role of the State in Economic Development (with Robert Rowthorn).