Thursday, February 7, 2008

The Lies Behind Free Trade

Rich countries preach free markets and free trade to the poor countries in order to capture larger shares of the latter's markets and preempt the emergence of possible competitors.

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1 comment:

normanmarkowitz said...

Thanks for posting this review from Latina Prensa. I am supposed to write a review for PA on this really interesting book(written for a popular audience) and I have not done it yet(writing too much for the blog, I guess).
Chang is by no means a Marxist, to poke wormholes into the myth and for some economists and policy planners religion of the free market and free trade, in which the road to heaven on earth is a straight line filled with tariffs, social subsidies, and other roadblocks to a free market which will automatically end poverty and the maldistribution of goods and resources.