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Notes from Ha-Joon Chang’s Lecture at NYU

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Re: Notes from Ha-Joon Chang’s Lecture at NYU

#2

Post by microarchitect »

For me the most insightful parts were the quotes about progress in developing countries.

> The reason this (entrepreneurship in developing countries) > doesn’t result in wealth is entrepreneurship is rarely an > individual event now, if it ever was. You need social > infrastructure; corporate, legal and financial systems.

I read this as saying that the whole system needs to change for development to really happen. Unfortunately, a number of rich and powerful vested interests, want to and are able to preserve the status quo quite successfully.

Re: Notes from Ha-Joon Chang’s Lecture at NYU

#6

Post by tomjen3 »

EarthLaunch wrote: post #4

This is a pathetic article and I'm ashamed to see it on a news site I respect. This leftist ideology is HN's Achilles heel.

True, that guy is so far out. The poor aren't responsible for production, they can afford more than a needle and a hammer.

When was the last time a poor person build a railroad, a factory or a library?

Edit: cleaned up.

Re: Notes from Ha-Joon Chang’s Lecture at NYU

#7

Post by kitsune_ »

PostOnce wrote: post #5

"George W. Bush: “The problem with the French is they don’t have a word for entrepreneurship.”" see: http://www.snopes.com/quotes/bush.asp Things like this make me question the veracity of every other statement in the article.

It's not possible to deduce where this comes from:

a) the talk / book b) added by the blog author

On top of that, even if it was from talk, you don't know whether it was added in jest or in earnest..

Re: Notes from Ha-Joon Chang’s Lecture at NYU

#8

Post by kitsune_ »

EarthLaunch wrote: post #4

This is a pathetic article and I'm ashamed to see it on a news site I respect. This leftist ideology is HN's Achilles heel.

Just like communism, capitalism is mainly a lofty idea which breaks down as soon as it is confronted with reality. This is true for every sociological model, including capitalism. Just like "real socialism" there is the de facto "real capitalism" which clashes with the theoretical model proposed by the theoreticians and its proponents.

Re: Notes from Ha-Joon Chang’s Lecture at NYU

#9

Post by utoku »

EarthLaunch wrote: post #4

This is a pathetic article and I'm ashamed to see it on a news site I respect. This leftist ideology is HN's Achilles heel.

My leftist friends think I am a hardcore capitalist. My rightist friends think I am an irrevocable socialist or communist. They don't put me in the middle ground.

Hackers like to point out the flaws in all kinds of systems. So be prepared to be ashamed at least some of the time. Some people just like to think about how to improve the systems.

Re: Notes from Ha-Joon Chang’s Lecture at NYU

#10

Post by EarthLaunch »

utoku wrote: post #9
EarthLaunch wrote: post #4

This is a pathetic article and I'm ashamed to see it on a news site I respect. This leftist ideology is HN's Achilles heel.

My leftist friends think I am a hardcore capitalist. My rightist friends think I am an irrevocable socialist or communist. They don't put me in the middle ground. Hackers like to point out the flaws in all kinds of systems. So be prepared to be ashamed at least some of the time. Some people just like to think about how to improve the systems.

The middle ground between right and wrong is wrong. Anyway, neither of those alternatives is right.

I like hackers who point out flaws in any system, but this article does not do that.

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