Rich countries have 'kicked away the ladder' by forcing free-market, free-trade policies on poor countries. Already established countries do not want… - Ha-Joon Chang

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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.

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About Ha-Joon Chang

(Hangul: 장하준; hanja: 張夏准; born 7 October 1963) is a South Korean institutional economist specialising in . Currently a reader in the Political Economy of Development at the University of Cambridge, Chang is the author of several widely discussed policy books, most notably Kicking Away the Ladder: Development Strategy in Historical Perspective (2002). In 2013 Prospect magazine ranked Chang as one of the top 20 World Thinkers.

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Additional quotes by Ha-Joon Chang

Finally we have to rethink the production system, the global supply chain, partly because of this pandemic but... no one thinks that this will be the only disease that is going to hit human society. A lot of us agree that increasing acceleration of will create many other crises... extreme weather events and so on... but who knows what other crises are in store, so we need to rebuild the system to have more... resilience and robustness... Just think about airplanes, oil tankers... they can produce disastrous outcomes if something doesn't work. All these systems, including... electricity... have ways to absorb, isolate shocks and quickly bring backups [etc.]... and the economy will also have to be redesigned in that kind of way.

When these numbers keep climbing they just become statistics, but I ...don't understand how, in the UK... US... Brazil, people think it is OK to have hundreds of people die every day, if not thousands. ...In South Korea ...despite it being one of the countries that got hit the earliest, the death toll is still below 300 ...In the UK ...there are days when that number of people die in a day... So it has exposed the total failure of this laissez-faire approach, when it comes to issues like this. Also, what countries have done to deal with this crisis... in... at least the short to medium term, if not the long term, have... destroyed this neoliberal... article of faith that the best thing that the government can do is to provide law and order and invest in the social , and maybe a bit of basic education...

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The historical picture is clear. ing was not invented in modern Asia. When they were backward themselves in terms of knowledge, all of today's rich countries blithely violated other people's patents, s and copyrights. The Swiss 'borrowed' German chemical inventions, while the Germans 'borrowed' English trademarks and the 'borrowed' British copyrighted materials—all without paying what would today be considered 'just' compensation.

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