6 Quotes by Ha-Joon Chang about country

  • Author Ha-Joon Chang
  • Quote

    It is one thing to tell the citizens of some faraway country to go to hell, but it is another to do the same to your own citizens, who are supposedly your ultimate sovereigns.

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  • Author Ha-Joon Chang
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    Countries are poor not because their people are lazy; their people are 'lazy' because they are poor.

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  • Author Ha-Joon Chang
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    The higher education system in these countries (US, Korea etc) has become like a theatre in which some people decided to stand to get a better view, promoting the others behind them to stand. Once enough people stand, everyone has to stand, which means no one is getting a better view, while everyone has become more uncomfortable.

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  • Author Ha-Joon Chang
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    Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor.

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  • Author Ha-Joon Chang
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    Rich countries have 'kicked away the ladder' by forcing free-market, free-trade policies on poor countries. Already established countries do not want more competitors emerging through the nationalistic policies they themselves successfully used in the past.

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  • Author Ha-Joon Chang
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    The history of capitalism has been so totally re-written that many people in the rich world do not perceive the historical double standards involved in recommending free trade and free market to developing countries.

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