The shock doctrine : the rise of disaster capitalism

Type
Book
Authors
ISBN 10
0805086994 
ISBN 13
9780805086997 
Category
Common Room  [ Browse Items ]
Publication Year
2007 
Publisher
Pages
558 
Subject
Free enterprise, Financial crises, Capitalism. 
Abstract
Journalist Klein introduced the term "disaster capitalism." Whether covering Baghdad after the U.S. occupation, Sri Lanka after the tsunami, or New Orleans post-Katrina, she witnessed remarkably similar events: people still reeling were hit again, this time with economic "shock treatment," losing their land and homes to corporate makeovers. This book retells the story of Milton Friedman's free-market economic revolution. In contrast to the 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. At its core 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, the violent culmination of a radical economic project that has been incubating for fifty years.--From publisher description. 
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