Wednesday, January 25, 2023

Book Review: 23 Things They Don't Tell You About Capitalism by Ha-Joon Chang

 Chang says that free market ideology makes us believe that markets will produce the most efficient and just outcome. This is because competitive market processes ensure that individuals are rewarded according to their productivity. The author is not critical of capitalism, in fact he is critical of free-market ideology. The first argument of the author is that there is no such thing as a free market. Two, companies should not be run in the...

Saturday, January 7, 2023

Book Review: The New Rulers of the World by John Pilger

John Pilger is an Australian investigative journalist and documentary film-maker who lives in London. In this book, Pilger exposes the myth of globalization. He gives a detailed analysis of the events in Indonesia.  He reveals how General Suharto came to power in 1960s due to western agenda which marked start of the imposition of the ‘global economy’ upon Asia. The author brings to light the nature of modern imperialism. He unveils its secrets and...