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23 things they dont tell you about capitalism

submitted by enoch

1 decade 2 years 5 months 3 weeks ago

from y/t:
Speaker: Professor Ha-Joon Chang
Chair: Professor Robert Wade
This event was recorded on 5 October 2010 in Old Theatre, Old Building
We may like or dislike capitalism, but surely we all know how it works. Right? Wrong. Today, most arguments about capitalism are dominated by free-market ideology and unfounded assumptions that parade as 'facts'. This lecture in which Ha-Joon Chang will talk about his new book 23 Things They Don't Tell You About Capitalism| tells the story of capitalism as it is and shows how capitalism as we know it can be, and should be, made better.

6 Comments

first 20 minutes are so damn slow
but it more original as it goes
*quality

Boosting this quality contribution up in the Hot Listing - declared quality by marinara.

Whatever its flaws, capitalism is efficient and rewards quality, while government's central-planned rubbish is the exact opposite.

Government meddling--not capitalism--caused the housing crisis. Why is smaller government better? It doesn't encourage people to take stupid risks with their own money and keeps their hands off of other people's money.

I never picked you for a liberal QM.

@quantumushroom: government is not the opposite of capitalism

Moving this video to enoch's personal queue. It failed to receive enough votes to get sifted up to the front page within 2 days.

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