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

— Ha-Joon Chang, 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
Ha-Joon Chang photo
Ha-Joon Chang
Economista 1963

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„Truly Conservative policies [are] freeing markets, freeing the economy, giving the economy buoyancy, moving to liberty and the desirable goal of freeing payments and trade.“

— Rab Butler British politician 1902 - 1982
Speech at the Conservative Party conference of 1954, quoted in Ralph Harris, Politics Without Prejudice. A Political Appreciation of The Rt. Hon. Richard Austen Butler C.H., M.P. (London: Staples Press, 1956), p. 159.

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„We all too often have socialism for the rich and rugged free market capitalism for the poor.“

— Martin Luther King, Jr. American clergyman, activist, and leader in the American Civil Rights Movement 1929 - 1968

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„Free Trade may be the alpha, but it is not the omega, of Liberal policy.“

— David Lloyd George Former Prime Minister of the United Kingdom 1863 - 1945
Speech in Manchester (21 April 1908), quoted in Thomas Jones, Lloyd George (London: Oxford University Press, 1951), p. 35.

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„Foreign aid goes from poor people in rich countries to rich people in poor countries.“

— Rand Paul American politician, ophthalmologist, and United States Senator from Kentucky 1963
http://www.realclearpolitics.com/video/2013/04/03/rand_paul_foreign_aid_goes_from_poor_people_in_rich_countries_to_rich_people_in_poor_countries.html,University of Kentucky, 3-27-2013.

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„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 (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)

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„Keynesianism for the rich countries and monetarism for the poor“

— Ha-Joon Chang Economist 1963
Context: Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor. Ch. 7, Keynesianism for the rich, monetarism for the poor, p. 158

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„"Free trade" is a policy imposed on the weakest and evaded by the most powerful.“

— David McNally (professor) Canadian political scientist 1953
Chapter 2, Globalization - It's Not About Free Trade, p. 33

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„This country cannot afford to be materially rich and spiritually poor.“

— John F. Kennedy 35th president of the United States of America 1917 - 1963

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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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