beberapa catatan dari bukunya Ha-Jon Chang yang superb works ini :


  • Corruption often exists because there are too many market forces.
    This explains why in post suharto era where decentralization begun, corruption is even more widespread
  • Market and Democracy clash at fundamental level.
    In market, the principle is ‘one dollar one vote’ while democracy is ‘one man one vote’. Naturally, the market gives greater weight to richer people where ‘one dollar is one vote’, thus they’re in clash. In 19th century, (old) liberalist is actually against democracy. It’s only in our time that the neo-liberalist front can’t oppose democracy openly. leaving  everything to the market means that the rich may be able to realize even the most frivolous element of their desires.
  • NEO-LIBERALIST only accept democracy only in so far as it does not contradict the free maqrket; this is why some of them saw no contractiction between supporting Pinochet dictatorship and praising democracy. To put it bluntly. NEOLIBERALIST WANT DEMOCRACY ONLY IF IT IS LARGELY POWERLESS.
  • NEOLIBERALIST BELIEVE giving political power to those who ‘do not have a stake’ in the existing economic systems will inevitably result in an ‘irrational’ modification of the status quo in therm of distribution of property and other economic right. Since they can’t oppose democracy, they discrediting politics in general
  • DEMOCRACY may redirect government spending into more productive areas, e.g. away from military spending to education or infrastructure investment. Democracy may also promote economic growth by creating welfare state. contrary to the popular perception, a well designed welfare state especially if combined with good retraining programme can reduce the cost of unemployment to the workers and thus make them less resistant to automation that raise productivity.