Economist Ha-Joon Chang on "The Myth of Free Trade and the Secret History of Capitalism" 2 of 2

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.

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• Ha-Joon
• Chang

[rsuthe00]

hahahaha the wolves are garding the henhouse

[vudu8ball]

This is one of the smartest economist alive today! Lots of very practicle advise.

[JagjeetMann]

dada da da, da da, dada da da da i mean, da da, da, i mean da da, the, da da

[djamorpheus]

@djewt1 even if we did have laissez faire capitalism, it would still create a breeding ground for corporatism. Capitalism will never work because it's inherently amoral and immoral. Imagine anarcho-capitalism, there would be so much inequality and corruption that the ruling ceo's of companies would be the leaders. What we really need, is anarcho-syndicalism in the current environment, but within the next 100 years, a resource based economy would be ideal.

[louiethegreater]

@LibertyDownUnder You never had anything to add to begin with.

[LibertyDownUnder]

@louiethegreater, if you're going to resort to racism and insults then I don't have much to add here.

[louiethegreater]

@LibertyDownUnder Outsourcing of U.S. Domestic industries has brought a great nation to her knees. We like Australia, have a lot of you chickens rooting for colonal sanders also.

[louiethegreater]

@LibertyDownUnder Thats comedy, Peter Scheff is just another jew boy on the make. He says american should start making thing again, but supports outsourcing and encourages foreign investment instead of investement in his own country. He cannot have it both ways. He is content to advise his clients to make their money off the backs of Asian cheap labor. Gerold Celente is worse he does not consider himself american but a citizen of the world, he would gladly trade in his american citizenship.

[LibertyDownUnder]

@louiethegreater, this is what has brought the US to the edge of collapse, not freedom:

/watch?v=zY4cwwU5VIY