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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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).
ReplyDeleteChang 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.