The Myth of Free Trade-1/2

Economist Ha-Joon Chang on "The Myth of Free Trade and the Secret History of Capitalism"

The US government has poured hundreds of billions of dollars into the US economy in the wake of the financial crisis. But what steps are being taken to address the crisis on a global scale? The worldwide financial crisis is forcing some to rethink the neoliberal policies widely blamed for the financial collapse. We speak with University of Cambridge economist Ha-Joon Chang, author of Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism.

Category:

News & Politics

Tags:

• free
• trade
• capitalism
• hajoon
• jang
• neoliberal
• democracy
• now

[su79eu7k]

Ha-joon Chang is Korean Economist and studied in Cambridge you bunch of dumbass. He have been smashing the myth of FTA in his books and it was very exquisite. Joseph Stiglitz and Noam Chomsky wrote a letter of recommendation. Moreover he is a prizewinner of '03 Myrdal and '05 Leontief. I agree with Xenu. His books are must-read.

[louiethegreater]

I believe anyone living in the U.S. prior to the 1970s will know how right Ha-joon Chang is.

[fightingirishman726]

/watch?v=KK0-_nNsDO4&feature=r­elated

Ahh... That's better

[glovemonkey98]

I think free trade is beneficial between nations of equal economic status. However, between unbalanced nations it only benefits one with the detriment of the other.

[cabgt]

@su79eu7k Yes, Free Trade Agreements are bad, namely because they do not promote "free trade" per se. Free Trade means just that - free trade, ie no stipulations etc! Furthermore, the IMF is heavily involved in many cases, and they are hardly advocates of free markets in their actions etc. This economist is terrible, easily refuted by a good economist. Laughable.

[cabgt]

@churchofstfu lol. What utter crap.

[simysimss]

love the video man

[bribribri56]

Very enjoyable thank you

[bribribri56]

This is a great video

[ericajjful]

brilliant video

[snowbaordguru]

@oJKBo He's South Korean

[LogicalFlawDetector]

This Korean asshole is the typical charlatan on the left. The Federal Reserve, Fannie Mae and Freddie Mac, and subsidies for the Housing market are part of a regulated economy--not free market.