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Ha-Joon Chang dél-koreai

Tudástár · 3 kapcsolódó alkotó

KatalógusnévChang, Ha-Joon

Képek 1

Könyvei 10

Ha-Joon Chang: 23 dolog, amit nem mondtak el a kapitalizmusról
Ha-Joon Chang: Economics
Ha-Joon Chang: 23 Things They Don't Tell You About Capitalism
Ha-Joon Chang: Emészthető közgazdaságtan
Ha-Joon Chang: L'Éco sur un plateau
Ha-Joon Chang: Edible Economics
Ha-Joon Chang: 23 cosas que no te cuentan sobre el capitalismo
Ha-Joon Chang: 23 cose che non ti hanno mai detto sul capitalismo
Ha-Joon Chang: 23 Dinge, die man uns über den Kapitalismus nicht erzählt
Ha-Joon Chang: 23 dingen die ze je niet vertellen over het kapitalisme

Népszerű idézetek

apple_pie >!

While it is silly to blame everything on the socio-economic environment, it is equally unacceptable to believe that people can achieve anything if they only 'believe in themselves' and try hard enough, as Hollywood movies love to tell you. Equality of opportunity is meaningless for those who do not have the capabilities to take advantage of it.

Thing 20: Equality of opportunity may not be fair

apple_pie >!

Building a factory takes at least months, if not years, while accumulating the technological and organizational know-how needed to build a world-class company takes decades. In contrast, financial assets can be moved around and rearranged in minutes, if not seconds. This enormous gap has created huge problems, because finance capital is 'impatient' and seeks short-term gains. In the short run, this creates economic instability, as liquid capital sloshes around the world at very short notice and in 'irrational' ways, as we have recently seen. More importantly, in the long run, it leads to weak productivity growth, because long-term investments are cut down to satisfy impatient capital.

Thing 22: Financial markets need to become less, not more, efficient

Frank_Waters I>!

A bus driver in New Delhi gets paid around 18 rupees an hour. His equivalent in Stockholm gets paid around 130 kronas, which was, as of summer 2009, around 870 rupees. In other words, the Swedish driver gets paid nearly fifty times that of his Indian equivalent.
Free-market economics tells us that, if something is more expensive than another comparable product, it must be because it is better. In other words, in free markets, products (including labour services) get paid what they deserve. So, if a Swedish driver – let’s call him Sven – is paid fifty times more than an Indian driver – let’s call him Ram – it must be because Sven is fifty times more productive as a bus driver than Ram is.