Ch. 8, Democracy and the free market, p. 176
“
Democracy is acceptable to neo-liberals only in so far as it does not contradict the free market.
— Ha-Joon Chang
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "Democracy is acceptable to neo-liberals only in so far as it does not contradict the free market." in the context of "Ch. 8, Democracy and the free market, p. 176" to mean that wisdom is timeless.
Source: Wikiquote: "Ha-Joon Chang" (Quotes, Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008))
The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
About Ha-Joon Chang
Ha-Joon Chang (Hangul: 장하준; hanja: 張夏准; born 7 October 1963) is a South Korean institutional economist specialising in development economics. 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.
About Ha-Joon Chang
Ha-Joon Chang (Hangul: 장하준; hanja: 張夏准; born 7 October 1963) is a South Korean institutional economist specialising in development economics. 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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