HA-JOON CHANG ~ 23 THINGS THEY DON’T TELL YOU ABOUT CAPITALISM

~ O-GRW-EICALTMFM-NBGHSKBBIRCATTCOTPAH-TRTPTTMGW ~ Often – Government Regulation Works – Especially In Complex Areas Like The Modern Financial Market – Not Because The Government Has Superior Knowledge But Because It Restricts Choices And Thus The Complexity Of The Problems At Hand – Thereby Reducing The Possibility That Things May Go Wrong

~ TADWTOC-FMCIOOOT-ANAVGOAT-TLTDHST-CTTCOIP-ISDTEIIAIALTMF(ASM)FC ~ There Are Different Ways To Organize Capitalism – Free-Market Capitalism Is Only One Of Them – And Not A Very Good One At That – The Last Three Decades Have Shown That – Contrary To The Claims Of Its Proponents – It Slows Down The Economy, Increases Inequality And Insecurity, And Leads To More Frequent (And Sometimes Massive) Financial Crashes

~ E-AIHBPITLTD-HBPHFMP ~ Economics – As It Has Been Practised In The Last Three Decades – Has Been Positively Harmful For Most People

~ BGTPOMSIBIA-WHCAWWMEAIACOORTS ~ By Glorifying The Pursuit Of Material Self-Interest By Individuals And Corporations – We Have Created A World Where Material Enrichment Absolves Individual And Corporations Of Other Responsibilities To Society

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