Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 6: 'Windows 98 in 1997; Is it wrong to 'borrow' ideas?', John Law and the first technological arms race, p. 127
Quotes from book
Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism
Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism is a book about economics written by Ha-Joon Chang, a South Korean institutional economist specializing in development economics. It criticizes mainstream economics and neo-liberalism. Chang claims that developed countries want developing countries to change their economic policy and open their markets. Rich and powerful governments and institutions are actually "Bad Samaritans"; their intentions may be worthy but their simplistic, free-market ideology and poor understanding of history leads them into policy errors.
Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 2: 'The double life of Daniel Defoe; How did the rich countries become rich?', The double life of the British economy, p. 47
Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 5: 'Man exploits man; Private enterprise good, public enterprise bad?', The pitfalls of privatization, p. 116
“The foundation of economic development is the acquisition of more productive knowledge.”
Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 6, Harsh rules and developing countries, p. 142
Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 8, Democracy and the free market, p. 174
“Manufacturing is the most important…route to prosperity.”
Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 9, Why manufacturing matters, p. 215
“History is on the side of the regulators.”
Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 4: 'The Finn and the elephant; Should we regulate foreign investment?', ‘More dangerous than military power’, p. 96
Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 3, Poor theory, poor results, p. 73
“Low inflation and government prudence may be harmful for economic development.”
Prologue, p. 18
Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)
“Culture changes with economic development.”
Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 9: 'Lazy Japanese and thieving Germans; Are some cultures incapable of economic development?', Lazy Japanese and thieving Germans, p. 196
Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 7, There is inflation and there is inflation, p. 150
Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 8: 'Zaire vs Indonesia, Should we turn our backs on corrupt and undemocratic countries?', Prosperity and honesty, p. 166
Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 6, The lawyers get involved, p. 134
“Democracy is acceptable to neo-liberals only in so far as it does not contradict the free market.”
Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 8, Democracy and the free market, p. 176
Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 5, Black cat, white cat, p. 121
Prologue, p. 18
Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)
Prologue, p. 15
Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)
“Corruption exists because there is too much, not too little, market.”
Prologue, p. 18
Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)
Variant: Corruption often exists because there are too many market forces, not too few.
Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 9, Tilting the playing field, p. 219
Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 3, More trade, fewer ideologies, p. 82
