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Secrets of Capitalism - Religion and Science

30 minutes
First broadcast:
Wednesday 22 September 2010

The United States does not have the highest living standard in the world - The washing machine has changed the world more than the internet - People in poor countries are more entrepreneurial than people in rich countries: Three contentions from the economist Ha-Joon Chang as he joins Laurie Taylor and tries to dispel what he sees as the myths and prejudices of free-market capitalism. He claims that we labour under the misconception that financial markets become more efficient, when the opposite is true and his analysis suggests that by breaking free of its free-market ideology, capitalism can be vastly improved.
Producer: Chris Wilson.

  • Ha-Joon Chang

    Reader in the Political Economy of Development, Faculty of Economics, University of Cambridge

    23 Things They Don’t Tell You About Capitalism
    Publisher: Allen Lane
    ISBN-10: 1846144159
    ISBN-13: 978-1846144158

    Find out more about Ha-Joon Chang
  • Anatole Kaletsky

    Journalist, economist, Editor-at-Large and Principal Economic Commentator of The Times

    Capitalism 4.0 The Birth of A New Economy
    Publisher: Bloomsbury Publishing PLC
    ISBN-10: 1408808234
    ISBN-13: 978-1408808238

    Find out more about Anatole Kaletsky
  • Marilynne Robinson

    Award winning novelist and essayist

    Absence of Mind: The Dispelling of Inwardness from the Modern Myth of the Self
    Publisher: Yale University Press
    ISBN-10: 0300145187
    ISBN-13: 978-0300145182

    Find out more about Marilynne Robinson



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