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Capitalism in question

Ha-Joon Chang is a formidable critic of orthodox, free-trade economics and a true exponent of the art of political economy

By Michael Lind   October 2010

23 Things They Don’t Tell You About Capitalism by Ha-Joon Chang (Allen Lane, £20)

The washing machine changed the world more than the internet. That is one of a number of provocative assertions made by the economist Ha-Joon Chang in 23 Things They Don’t Tell You About Capitalism.

The washing machine and other household appliances have transformed the way that modern people live—not least by -liberating women from assigned roles in performing time-consuming household chores. Nor does the internet look that impressive compared to the telegraph, which reduced the time it took to transmit…

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