Résumé du livre
Ha-Joon Chang is one of the leading critics of free-market economics. He’s a professor at Cambridge University specializing in institutional and development economics and has published many widely discussed books about economic development such as Bad Samaritans and Kicking Away the Ladder.
The pursuit of equality has driven human progress, with history showcasing countless struggles against inequality, which often destabilizes economies and societies. Metrics like the Gini coefficient help measure income disparity, guiding governments toward equitable policies. Similarly, capitalism, as defined by Adam Smith, has evolved dramatically, adapting to globalization and modern corporate structures. Economic theories like Neoclassical and Keynesian schools offer contrasting views on market behavior, highlighting the need for government intervention in certain scenarios, such as regulating monopolies or stimulating economies during crises. Metrics like GDP and PPP provide insights into economic health, but they reveal limitations when assessing broader development. Global commerce, fueled by outsourcing, manufacturing, and trade dynamics, has reshaped economies, deepening international interdependence. The next chapter will explore how these interconnected systems influence modern economic policies and global stability.
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