The Shock Doctrine: The Rise of Disaster Capitalism [Kindle Edition] Author: Naomi Klein | Language: English | ISBN:
B003KVKQB4 | Format: PDF, EPUB
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The bestselling author of No Logo shows how the global "free market" has exploited crises and shock for three decades, from Chile to Iraq
In her groundbreaking reporting over the past few years, Naomi Klein introduced the term "disaster capitalism." Whether covering Baghdad after the U.S. occupation, Sri Lanka in the wake of the tsunami, or New Orleans post-Katrina, she witnessed something remarkably similar. People still reeling from catastrophe were being hit again, this time with economic "shock treatment," losing their land and homes to rapid-fire corporate makeovers.
The Shock Doctrine retells the story of the most dominant ideology of our time, Milton Friedman's free market economic revolution. In contrast to the popular myth of this movement's peaceful global victory, Klein shows how it has exploited moments of shock and extreme violence in order to implement its economic policies in so many parts of the world from Latin America and Eastern Europe to South Africa, Russia, and Iraq.
At the core of disaster capitalism is the use of cataclysmic events to advance radical privatization combined with the privatization of the disaster response itself. Klein argues that by capitalizing on crises, created by nature or war, the disaster capitalism complex now exists as a booming new economy, and is the violent culmination of a radical economic project that has been incubating for fifty years.
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- File Size: 1100 KB
- Print Length: 724 pages
- Page Numbers Source ISBN: B0037FSEIA
- Publisher: Metropolitan Books; 1st edition (April 21, 2011)
- Sold by: Macmillan
- Language: English
- ASIN: B003KVKQB4
- Text-to-Speech: Enabled
X-Ray:
- Lending: Not Enabled
- Amazon Best Sellers Rank: #51,025 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
- #10
in Kindle Store > Kindle eBooks > History > World > 21st Century - #14
in Kindle Store > Kindle eBooks > Nonfiction > Politics & Social Sciences > Politics & Government > Specific Topics > Globalization - #16
in Kindle Store > Kindle eBooks > Business & Money > Economics > Free Enterprise
- #10
in Kindle Store > Kindle eBooks > History > World > 21st Century - #14
in Kindle Store > Kindle eBooks > Nonfiction > Politics & Social Sciences > Politics & Government > Specific Topics > Globalization - #16
in Kindle Store > Kindle eBooks > Business & Money > Economics > Free Enterprise
Naomi Klein's THE SHOCK DOCTRINE is a stunning indictment of American corporatism and institutionalized globalization, on a par with such groundbreaking works as Harrington's THE OTHER AMERICA and Chomsky's HEGEMONY OR SURVIVAL. Comprehensive in its breadth and remarkable for its well-researched depth, Klein's book is a highly readable but disturbing look at how the neoliberal economic tenets of Milton Friedman have been implemented across the world over the last thirty-plus years.
The author's thesis is simply stated: that neoliberal economic programs have repeatedly been implemented without the consent of the governed by creating and/or taking advantage of various forms of national shock therapy. Ms. Klein asserts that in country after country, Friedman and his Chicago School followers have foisted their tripartite economic prescription - privatization, deregulation, and cutbacks in social welfare spending - on an unsuspecting populace through decidedly non-democratic means. In the early years, the primary vehicle was dictatorial military force and accompanying fear of arrest, torture, disappearance, or death. Over time, new organizations such as the IMF and the World Bank were employed instead, using or creating impossible debt burdens to force governments to accept privatization of state-owned industries and services, complete removal of trade barriers and tariffs, forced acceptance of private foreign investment, and widespread layoffs. In more recent years, terrroism and its response as well as natural disasters like hurricanes and tsunamis have wiped clean enough of the slate to impose these Friedmanite policies on people too shocked and focused on recovering to realize what was happening until it was too late.
According to Ms.
**FYI** Please note to the best of my knowledge I am NOT related to Naomi Klein.**
If you wonder what happened to the middle class, why poverty is on the rise and what the economies in a democracracy, dictatorship and "communism" have in common, you'll find lots of food for thought in Naomi Klein's THE SHOCK DOCTRINE. Tracing the rise of the "Chicago Boys" laissez-faire economic beliefs, their impact on South America, China, Russia, Poland and South Africa and how it impacted their form of government, Klein makes a compelling argument for the flaws in Milton Friedman's economic science.
Naomi Klein's book looks at the conflict between Milton Friedman's "laissez-faire" approach to business and government where business is largely unregulated running itself and government is little more than a bare bones system. According to Klein, Friedman believed that the economic theories he espoused would be perfect and that any problems with it would be due to outside forces interferring with his free market world. His approach was in complete contrast to Keynes who believed that the prime mission of politicians and economists was to prevent unemployment and avoid a depression or recession by regulating the market place. People like John Kenneth Galbraith (heir to Keynes' mantle)believed part of the purpose of economic regulation was to keep our captalist system fair and prevent a small group of businesses from dominating the market. Galbraith also believed in bills like the Glass-Steagall act which created a firewall between Wall Street and various banking institutions (which former President Clinton helped to eliminate).
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