23 Things They Don't Tell You about Capitalism

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Cover; Title Page; Dedication; Contents; Introduction; Thing 1: There is no such thing as a free market; Thing 2: Companies should not be run in the interest of their owners; Thing 3: Most people in rich countries are paid more than they should be; Thing 4: The washing machine has changed the world more than the internet has; Thing 5: Assume the worst about people and you get the worst; Thing 6: Greater macroeconomic stability has not made the world economy more stable; Thing 7: Free-market policies rarely make poor countries rich; Thing 8: Capital has a nationality. Thing 9: We do not live in a post-industrial ageThing 10: The US does not have the highest living standard in the world; Thing 11: Africa is not destined for underdevelopment; Thing 12: Governments can pick winners; Thing 13: Making rich people richer doesnâ#x80;#x99;t make the rest of us richer; Thing 14: US managers are over-priced; Thing 15: People in poor countries are more entrepreneurial than people in rich countries; Thing 16: We are not smart enough to leave things to the market; Thing 17: More education in itself is not going to make a country richer. Thing 18: What is good for General Motors is not necessarily good for the United StatesThing 19: Despite the fall of communism, we are still living in planned economies; Thing 20: Equality of opportunity may not be fair; Thing 21: Big government makes people more open to change; Thing 22: Financial markets need to become less, not more, efficient; Thing 23: Good economic policy does not require good economists; Conclusion: How to rebuild the world economy; Acknowledgements; Notes; eCopyright