Bad Samaritans? The Truth About Development and the Global South | Ha-Joon Chang

The standard narrative tells us developing countries are poor due to a lack of free markets, free trade, and strong intellectual property rights. But what if this narrative is a carefully constructed myth? In this video, we dive deep into the groundbreaking work of economist Ha-Joon Chang, author of "Kicking Away the Ladder" and "Bad Samaritans." Chang exposes how today's developed nations actively avoided the very policies they now push onto the Global South. We'll explore the historical hypocrisy of "free trade," the dangers of premature liberalization, the problematic role of intellectual property rights, and the misuse of cultural arguments to explain poverty. Chang reveals how institutions like the IMF, World Bank, and WTO, often act as "Bad Samaritans," promoting policies that benefit rich nations while hindering genuine development. This is a red-pill look at international economics, challenging everything you thought you knew about how nations become wealthy. Learn why the "Washington Consensus" often fails, and discover a more nuanced, evidence-based approach to global development. This video will change the way you view it and help you to understand the other side of the history. Prepare to have your assumptions challenged! #economics #development #globalization #capitalism #hajoonchang #kickingawaytheladder #badsamaritans #freetrade #protectionism #industrialpolicy #imf #worldbank #wto #poverty #inequality #globalSouth #history #politics #power #hypocrisy #truth #knowledge #philosophy #motivation #life #selfimprovement #selfawareness #growth #freedom #democracy #money #wealth

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