Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism

Ha-Joon Chang

So the two champions of free trade, Britain and the US, were not only not free trade economies, but have been the two most protectionist economies among rich countries, i.e. until they each in succession became the world's dominant industrial power.

Unlike what neo-liberals say, market and democracy clash at a fundamental level. Democracy runs on the principle of 'one man (one person), one vote'. The market runs on the principle 'one dollar, one vote'.

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