3 of 3 people found the following review helpful
Stop drinking the Kool-Aid: read this book now,
This review is from: Bad Samaritans: The Guilty Secrets of Rich Nations and the Threat to Global Prosperity (Paperback)
Do free trade and unregulated markets produce real prosperity for all?
Instead of comparing theories, Chang's book gives a historical record of what today's rich countries actually practiced in their inexorable rise to the top of the heap, and what they are preaching right now to those that are left behind.
In this book, the "Unholy Trinity" (IMF, World Bank & WTO) gets the thrashing that they amply deserve, while the economic success stories (both modern and not-so-modern) receive a thorough re-examination devoid of Monday morning quarterbacking (or whitewashing) and partisan obfuscation. Neo-liberal hardliners and their enablers in the political arena have a lot to answer for with respect to the Third World's economic malaise.
An accessible treatise on the myth and verities of global capitalism, and a powerful argument for policy autonomy in poor countries.