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Download Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism Audiobook (Unabridged)

Extended Audio Sample Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (Unabridged), by Ha-Joon Chang
4 out of 54 out of 54 out of 54 out of 54 out of 5 4.00 (827 ratings) (rate this audio book) Author: Ha-Joon Chang Narrator: Jim Bond Publisher: Brilliance Audio Format: Unabridged Audiobook Delivery: Instant Download Audio Length: Release Date:
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With irreverent wit, an engagingly personal style, and a battery of real-life examples, Ha-Joon Chang blasts holes in the World Is Flat orthodoxy of Thomas Friedman and other neo-liberal economists 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 United States to Britain to his native South Korea - all attained prosperity by shameless protectionism and government intervention in industry. We in the wealthy nations have conveniently forgotten this fact, telling ourselves a fairy tale about the magic of free trade and - via our proxies such as the World Bank, the International Monetary Fund, and the World Trade Organization - ramming policies that suit ourselves down the throat of the developing world.

Unlike typical economists who construct models of how economies are supposed to behave, Chang examines the past: what has actually happened. His pungently contrarian history demolishes one pillar after another of free-market mythology. We treat patents and copyrights as sacrosanct - but developed our own industries by studiously copying others' technologies. We insist that centrally planned economies stifle growth - but many developing countries had higher GDP growth before they were pressured into deregulating their economies. Both justice and common sense, Chang argues, demand that we reevaluate the policies we force on weaker nations.

Bad Samaritans calls on America to return to its abandoned role, embodied in programs like the Marshall Plan, to offer a helping hand, instead of a closed fist, to countries struggling to follow in our footsteps. Download and start listening now!

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Listener Opinions

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 by Rich | 2/8/2014

    " The perfect antidote to Friemdan's Flat World fantasy land. Chang describes how the worlds' fastest growing countries really got there - from government investment, government planning and government picking winners and losers. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 by Marne | 2/7/2014

    " Everything that the developing world has known but were afraid to say or could not articulate, or were helpless against under trading or financing terms imposed by the developed world, is what Bad Samaritans is all about. Contrary to Friedman and others, the world is not flat and the developing world is always at the brunt of "free trade." The wealthy nations imposing "free trade" on the poorer nations did not become wealthy because they practiced free trade. Their own histories prove the contrary, as Ha Joon Chang so convincingly narrates with a lot of insights and examples. The wealthy world became wealthy because they were protectionists at many points in their economic histories: they protected their infant industries, they imposed high tariffs on foreign goods and technologies, they stymied competition from abroad--precisely the economic strategies they do not want the poor developing world to adopt. The developing world cannot play in a lopsided playing field, they must protect themselves against the Bad Samaritans if they must survive. That has been the truth since "free trade" was invented and imposed. "

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 by Arun | 1/30/2014

    " Great book for anyone interested in developmental economics. It presents an alternative argument to neo-liberal economics. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 by yaoknerd | 1/30/2014

    " cool book important shit i don't really like his writing style not a big deal though "

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