23 Things They Don't Tell You About Capitalism

Ha-Joon Chang: There is no such thing as a free market

Category:

News & Politics

Tags:

• Ha-Joon Chang
• capitalism
• free market
• european market
• US market
• protectionism
• neo-liberalism

[spartan2600]

@djdnauk1977 We can't all go back to living in tribes, but there is a lot we can learn. Human aren't just competitive, we're social and cooperative animals too. We need to collaborate, have solidarity and respect eachother, not view everyone else as a potential threat or competitor.

[lynxic]

Capitalism is extremely obsolete. That shit's got to go.

[TheTotallystone]

This moron is making an exemple of the french economie, I'm living there and we 'd like to get some free market and we need it rather fast or it will be riots like greece.

You have health care for all and think yourself a free market economy, what's wrong with his brains?

Sweden is decreasing the part of govt since 20 years.

Europe doesn't need American market? Where does innovation come from?

Only truth: america is regulated thus no free market

[samjenkinssam]

some sweet info here

[neonaction]

conservatives contradict themselves. They say real free market never existed, but then they say free market leads up to where we are today. They are full of bullshit.

[fbibarbie]

damn commies

[simysimss]

good work here

[TheSpikeystuff]

good work here

[kungfufreddy]

also he goes on about britain practicing free market capitalism? when britain is one of the main exponents of the welfare socialit state, this guys is clueless

[kungfufreddy]

corporatism is what the problem is. not capitalism? think about that. the same people who go on about free market are the same people that pushed for the government to bail out the banks, how free is that?

[ericajjful]

very interesting video thanks

[Evolving001]

The is an internal contradiction in capitalism makes it eventually reform-proof and self-destructive: competitive accumulation based on exclusive private ownership. This results in ever-increasing monopoly at the cost of labor and environment to ensure profit and growth. The capitalist to be successful kills labor, environment as well as other capitalists, eventually the "body" it lives in and depends on for its survival. Capitalism's "success" ensures its destruction. It is its worst enemy.