Abstracts taken from: 23 Things They Dont Tell You About Capitalism, By Ha-Joon Chang
The recent revolution in communication technologies –better known as the Internet, has led to the ‘death of distance’. This technological revelation defines the age in which we live in today that dismisses the fine borders between nations, countries, companies, firms’ and individuals through speed communication and posing the need to be more flexible in our efforts to compete in a liberalization of markets.