„The history of capitalism has been so totally re-written that many people in the rich world do not perceive the historical double standards involved in recommending free trade and free market to developing countries.“

—  Ha-Joon Chang, Prologue, p. 16
Ha-Joon Chang photo
Ha-Joon Chang
Economista 1963
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Ha-Joon Chang photo
Ha-Joon Chang photo

„Rich countries have 'kicked away the ladder' by forcing free-market, free-trade policies on poor countries.“

—  Ha-Joon Chang Economist 1963
Context: Rich countries have 'kicked away the ladder' by forcing free-market, free-trade policies on poor countries. Already established countries do not want more competitors emerging through the nationalistic policies they themselves successfully used in the past. Ch. 2, Learning the right lessons from history, p. 61

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Ludwig von Mises photo

„The particular interests of the entrepreneurs and capitalists also demand interventionism to protect them against the competition of more efficient and active men. The free development of the market economy is to be recommended, not in the interest of the rich, but in the interest of the masses of the people.“

—  Ludwig von Mises austrian economist 1881 - 1973
Context: The unhampered market economy is not a system which would seem commendable from the standpoint of the selfish group interests of the entrepreneurs and capitalists. It is not the particular interests of a group or of individual persons that require the market economy, but regard for the common welfare. It is not true that the advocates of the free-market economy are defenders of the selfish interests of the rich. The particular interests of the entrepreneurs and capitalists also demand interventionism to protect them against the competition of more efficient and active men. The free development of the market economy is to be recommended, not in the interest of the rich, but in the interest of the masses of the people. Ch. VII : The Economic, Social, and Political Consequences of Interventionism § 1. The Economic Consequences https://fee.org/resources/interventionism-an-economic-analysis-2#economic

Raj Patel photo

„There are models of development that already exist in developing countries that actually are much more sustainable than the model of free markets that we have been trying to export.“

—  Raj Patel British academic 1972
Context: We are all familiar with the idea: Give a man a fish and you'll feed him for a day, but teach a man to fish and you'll feed him for a lifetime. That sounds reasonable enough. … But think of the model that rests on. It constructs people in developing countries that sort of people sitting by the rivers and eating fish and then they look at the river and said: "- So what's that? - It looks like a fish. - Well, how do we get it out? - Well I have no idea, we would have to wait for white man to come and tell us." It's important to remember that actually there are systems of governance that already exist. There are models of development that already exist in developing countries that actually are much more sustainable than the model of free markets that we have been trying to export. How free is the market http://fora.tv/2010/01/06/Raj_Patel_The_Value_of_Nothing#Raj_Patel_How_Free_Is_the_Free_Market FORA.tv

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Ilana Mercer photo
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Indíra Gándhí photo

„Dacca is now the free capital of a free country.“

—  Indíra Gándhí Indian politician and Prime Minister 1917 - 1984
Address to Parliament announcing the victory of Bangladesh-India Forces over the Pakistan Army, (December 16, 1971) http://www.bharat-rakshak.com/1971/Dec16/index.html.

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„No country, no business class, has ever been willing to subject itself to the free market“

—  Noam Chomsky american linguist, philosopher and activist 1928
Context: I should say that when people talk about capitalism it's a bit of a joke. There's no such thing. No country, no business class, has ever been willing to subject itself to the free market, free market discipline. Free markets are for others. Like, the Third World is the Third World because they had free markets rammed down their throat. Meanwhile, the enlightened states, England, the United States, others, resorted to massive state intervention to protect private power, and still do. That's right up to the present. I mean, the Reagan administration for example was the most protectionist in post-war American history. Virtually the entire dynamic economy in the United States is based crucially on state initiative and intervention: computers, the internet, telecommunication, automation, pharmaceutical, you just name it. Run through it, and you find massive ripoffs of the public, meaning, a system in which under one guise or another the public pays the costs and takes the risks, and profit is privatized. That's very remote from a free market. Free market is like what India had to suffer for a couple hundred years, and most of the rest of the Third World.

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Sheikh Hasina photo

„My priority is to establish this country as a poverty-free country, we have a long way to go – we have to do more. When I have been able to establish this country as a poverty-free country, a hunger-free country, a developed country, perhaps at that time, perhaps then I may say I am proud.“

—  Sheikh Hasina Prime Minister of Bangladesh 1947
At the UN general assembly to launch the sustainable development goals (SDGs). https://www.theguardian.com/global-development/2015/sep/25/sheikh-hasina-i-want-to-make-bangladesh-poverty-free-sustainable-development-goals (25 September 2015)

Ilana Mercer photo
Alan García photo

„The United States, ever since its founding fathers, has had an ideal, a mission to the world. In the '40s, it sacrificed the lives of many young people to achieve the freedom of the world. Nowadays, we need to focus on democracy and free trade.“

—  Alan García Peruvian politician 1949
President Bush Welcomes President García of Peru to the White House http://georgewbush-whitehouse.archives.gov/news/releases/2007/04/20070423-1.html# (April 23, 2007)

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