New Internationalist: Corporatist Utopia, Citizen Nightmare, 9.06.12
Comment for New Internationalist Magazine
Milton Friedman has long believed Hong Kong to be the model success story of laissez-faire economics. In the eyes of the World Trade Organization, the ex-colony’s status as the world’s freest economy is an ideal for the rest of the world to aspire to. In reality, the ‘capital of capitalism’ is anything but non-interventionist and the city today should stand as a warning to libertarians and corporate defenders the world over.
Not living the dream: around 5,000 Hong Kongers live in tiny ‘cage homes.’ Photo by The Toe Stubber under a CC Licence