Nobody downloaded yet

Bad samaritan: The myth of tread and the secret history of capitalism by ha-joon Chang - Book Report/Review Example

Comments (0) Cite this document
CRITICAL ANALYSIS OF THE BOOK “BAD SAMARITANS: THE MYTH OF FREE TRADE AND SECRET HISTORY OF CAPITALISM” The author of the book, Ha-Joon Chang has specialized in developing economics and is one of the leading economists worldwide. He was a past consultant to the World Bank, the European Investment Bank, the Asian Development Bank, and Oxfam and to the various agencies in United States…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.6% of users find it useful
Bad samaritan: The myth of tread and the secret history of capitalism by ha-joon Chang
Read TextPreview

Extract of sample
"Bad samaritan: The myth of tread and the secret history of capitalism by ha-joon Chang"

Download file to see previous pages The book has unveiled the truth of the world’s economy and discussed the trade policy, regulation of foreign investment, intellectual property rights, privatization, and other economic issues like democracy, corruption and aspects of culture, all from a very different perspective. One can tell from title of the book that says free trade is nothing more than a myth, a thing that has no presence in the reality and that exists in economic theories and books only. If you look at the economic practices of all the developed and rich countries you would find that none of them is letting the market work freely. Free trade has no reality rather it has hidden a truth of capitalism behind it. The author has tagged rich countries and the international organizations (IMF, World Bank, WTO) that are monitored by these rich countries, as Bad Samaritans. Author has used such words because of the fact that these international organizations are being controlled by the rich countries, and ultimately only those policies are recommended or even imposed that both of them mutually agree on. These policies are apparently made to help the developing countries but the truth is that these policies have never been able to get any positive results or bring any improvement in the economies. Moreover, the rich countries, which make such policies, do not use those policies themselves when it comes to them. Hence, by the act of helping the developing countries, Bad Samaritans end up harming and manipulating them. Supporting his arguments, Chang has further stated that looking back at the past of western industrial countries it has been seen that they have never followed a policy of free trade until they had achieved a form of industrial supremacy. The western countries that apparently follow the free trade for the economic development of the world has never actually done anything for the under developed countries. There are different insights and references given by the author at various points throughout the book to support his arguments and give relevance to the reality. Chang says that all the current economically developed and wealthy countries did not accumulated their wealth through free trade rather than they achieved it by implying highly protective tariffs, subsidies and laws for the regulation of foreign business within the country. According to him this truth was buried by one of the biggest myths of capitalist free trade and that it brings successes with globalization. It is not the free trade, nothing else but the protectionism that has been making these developed countries successful since years. DISCUSSION AT U.S. ECONOMY IN THE BOOK The book has done some analysis of the U.S. economy, discussed the strengths and weaknesses and the overall performance of American economy at certain places. It has often done a comparison and contrast of U.S. economy with the British economy, considering both of them as highly successful countries in terms of economies. At a certain point the author says, that the Britain economy found a safe place for itself before it actually implemented the free trade in the country. It reached at the level where it gained an edge of technology over its competitors by putting strict and extended tariffs and once it was stable it moved towards the free trade. While U.S. economy was the most protectionist country in the ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Bad samaritan: The myth of tread and the secret history of capitalism Book Report/Review”, n.d.)
Retrieved from
(Bad Samaritan: The Myth of Tread and the Secret History of Capitalism Book Report/Review)
“Bad Samaritan: The Myth of Tread and the Secret History of Capitalism Book Report/Review”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Prokopios' Secret History
...Task: November 20th History and Political Science Prokopios' "Secret History" Introduction The book s back to after 550 and its all about Procopius of Caesarea. The book was published in February 26 2004 and is written by Anthony Kaldellis who describes in details on politics and empire of Romans. The writer offers a new interpretation explaining the political minds and opinions of the emporer.The range of competence reflected in this book is impressive.Anthony describes Procopius as someone who had an eye for medical detail especially when describing Procopius descriptions of Hagia Sophia which wsa technically precise and how his narrative on the Nika riots is gripping from a literary point of...
4 Pages(1000 words)Book Report/Review
Book Review - Combined Fleet Decoded: The Secret History of American Intelligence and the Japanese Navy in World War II
...8 April Book Review - Combined Fleet De d: The Secret History of American Intelligence and the Japanese Navy in World War II 1. Introduction The book by John Prados presents a detailed account of activities in the Pacific during World War II. The book comprises of 832 pages and mainly presents intelligence operations. The author has taken into account the viewpoints of both the US and the Japanese during World War II. The author concentrates on intelligence operations by both Navies. The vastness of this field can be realized after reading the book. It covers various types of intelligence gathering techniques employed and their role in decision making. The techniques mainly cover fleet...
4 Pages(1000 words)Book Report/Review
Jasmine Tea by Eileen Chang
...Eileen Chang explores the various forms of love in her short story "Jasmine Tea." The hero of the story is a troubled young man who has been denied a loving family environment since the death of his mother at a young age. Due to the severity of his upbringing, Chuanqing appears incapable of loving another human being and acts as though he is emotionally dead. However, a professor's daughter, Danzhu, develops an interest in befriending the troubled young man. Through his convoluted logic, Chuanqing passes through stages of dislike, hatred guided by jealousy, ardent love, and finally violent hatred towards Danzhu. Although Chuanqing asserts that he is emotionally unattached to the world, his interactions with Danzhu demonstrate that he... woman...
2 Pages(500 words)Book Report/Review
Love in Fallen City by Eileen Chang
.... But Chang never shows her characters wining their heart's desire in a simple way. She makes her character fight for his/her existence and they have to undergo many test and trial to achieve their end. They had to suffer a lot and in the end they come to know about the reality of life. ''''''''Her tragic revelation comes at the moment when protagonist, temporarily outside the shed of his ego, surveys the desolation of his triumph or failure.(Xia, Zhiqing, pp 413) The main characters come to know about the tragedy of their' lives when they found shelter in the hotel. '''''''''' Chang has delved deep into the inner self of her characters and brought forth their inner conflicts. Both the characters...
12 Pages(3000 words)Book Report/Review
The Parable of the Good Samaritan
4 Pages(1000 words)Essay
Managerial Capitalism
...Running Head: Chandler's claim for the superiority Chandler's claim for the superiority of 'Managerial capitalism' are specific to a particular time and place and cannot be generalized [Name of writer] [Name of institution] Chandler's claim for the superiority of 'Managerial capitalism' are specific to a particular time and place and cannot be generalized For thirty years Alfred Chandler has been transforming business history from a medley of entrepreneurial and company histories into a structured analysis of organizational change. Starting with his 1959 Business History Review article ("The Beginnings of 'Big Business' in...
6 Pages(1500 words)Book Report/Review
Paddy Clarke Ha Ha Ha
...Analysis of Paddy Clarke Ha Ha HA by Roddy Doyle page 134 The novel Paddy Clarke Ha Ha Ha explores with remarkable subtlety the development of a small boy's empathy, as he simultaneously masters language and discovers a new understanding of pain. The story is set in a first-person narrative - with a bewildered 10-year-old Barrytown/Dublineer as the narrator. Roddy Doyle's imagination allows the readers to fill the gaps in his main character's mind (Paddy), and readers can connect with Doyle's imagination. With doing so the author has effectively succeeded in creating a realistic world trough the eyes of a child. Written almost entirely by using dialogue, this book is full of slang, colloquialisms and vulgarisms. The extract given describes... the...
2 Pages(500 words)Book Report/Review
The Ravenmaster's Secret
...time for him to prove his courage to bullies who constantly torment and make fun of him due to his small size. The boys (bullies) also tease when he vomits during the hanging of the highwayman as "hare heart". Forrest feels resentment from these bullies. The constant lies fed to him greatly influence his thoughts. He believes them and has a dislike for Scots (Woodruff2003:18). Historical elements – people and places The Ravenmasters secret is rich in historical elements. One of the historical persons is a rat catcher, named Ned White, who is an orphan and a friend of Forrester. Ned is nicknamed Rat. Another historical character is a chimney sweep, Simon Frick, who overworks children until they die. There are also...
2 Pages(500 words)Book Report/Review
What does Ha-Joon Chang mean by kicking away the ladder Alice Amsden argues that To minimize the inefciencies of import substitution, countries built a complex set of institutions that amounted to a control system. Taking the
2 Pages(500 words)Assignment
Martin, C. Shaping the World from the Shadows; The (Open) Secret History of Delta Force, Post 9-11 the sensitive nature of the activities they are involved in. Due to this, detailed information on operations that this elite force has been previously engaged in are scanty. Revealing of such information would place the officers’ lives in danger and would therefore jeopardize some of their missions. Even with little information available about this elite unit, "Shaping the World from the Shadows; the (Open) Secret History of Delta Force, Post 9-11." By Chris Martin offers insight of this shadowy unit. The book is a compilation of information that has been extracted from various sources. The author has put together pieces of information sourced from different...
5 Pages(1250 words)Book Report/Review
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Book Report/Review on topic Bad samaritan: The myth of tread and the secret history of capitalism by ha-joon Chang for FREE!
logo footer
Contact us:
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us