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Ha-Joon Chang on Democracy

born 1963 South Korea

← All quotes by Ha-Joon Chang

3 quotes

Democracy is acceptable to neo-liberals only in so far as it does not contradict the free market.

Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)

Democracy and markets are both fundamental building blocks for a decent society. But they clash at a fundamental level. We need to balance them.

Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)

Unlike what neo-liberals say, market and democracy clash at a fundamental level. Democracy runs on the principle of 'one man (one person), one vote'. The market runs on the principle of 'one dollar, one vote'.

Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)

Attribution

Quotes and notes from Wikiquote: Ha-Joon Chang (page history), available under CC BY-SA 4.0.