The Shock Doctrine: The Rise of Disaster Capitalism Hardcover – Sep 4 2007
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Naomi Klein's The Shock Doctrine advances a truly unnerving argument: historically, while people were reeling from natural disasters, wars and economic upheavals, savvy politicians and industry leaders nefariously implemented policies that would never have passed during less muddled times. As Klein demonstrates, this reprehensible game of bait-and-switch isn't just some relic from the bad old days. It's alive and well in contemporary society, and coming soon to a disaster area near you.
"At the most chaotic juncture in Iraq'' civil war, a new law is unveiled that will allow Shell and BP to claim the country's vast oil reserves Immediately following September 11, the Bush Administration quietly outsources the running of the 'War on Terror' to Halliburton and Blackwater After a tsunami wipes out the coasts of Southeast Asia, the pristine beaches are auctioned off to tourist resorts New Orleans residents, scattered from Hurricane Katrina, discover that their public housing, hospitals and schools will never be re-opened." Klein not only kicks butt, she names names, notably economist Milton Friedman and his radical Chicago School of the 1950s and 60s which she notes "produced many of the leading neo-conservative and neo-liberal thinkers whose influence is still profound in Washington today." Stand up and take a bow, Donald Rumsfeld.
There's little doubt Klein's book--which arrived to enormous attention and fanfare thanks to her previous missive, the best-selling No Logo, will stir the ire of the right and corporate America. It's also true that Klein's assertions are coherent, comprehensively researched and footnoted, and she makes a very credible case. Even if the world isn't going to hell in a hand-basket just yet, it's nice to know a sharp customer like Klein is bearing witness to the backroom machinations of government and industry in times of turmoil. --Kim Hughes
From Publishers Weekly
The neo-liberal economic policies—privatization, free trade, slashed social spending—that the Chicago School and the economist Milton Friedman have foisted on the world are catastrophic in two senses, argues this vigorous polemic. Because their results are disastrous—depressions, mass poverty, private corporations looting public wealth, by the author's accounting—their means must be cataclysmic, dependent on political upheavals and natural disasters as coercive pretexts for free-market reforms the public would normally reject. Journalist Klein (No Logo) chronicles decades of such disasters, including the Chicago School makeovers launched by South American coups; the corrupt sale of Russia's state economy to oligarchs following the collapse of the Soviet Union; the privatization of New Orleans's public schools after Katrina; and the seizure of wrecked fishing villages by resort developers after the Asian tsunami. Klein's economic and political analyses are not always meticulous. Likening free-market shock therapies to electroshock torture, she conflates every misdeed of right-wing dictatorships with their economic programs and paints a too simplistic picture of the Iraq conflict as a struggle over American-imposed neo-liberalism. Still, much of her critique hits home, as she demonstrates how free-market ideologues welcome, and provoke, the collapse of other people's economies. The result is a powerful populist indictment of economic orthodoxy. (Sept.)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved. --This text refers to an alternate Hardcover edition.
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Top Customer Reviews
This book can be seen as the alter-ego book to Thomas Friedman's 'The World is Flat', covering many of the same issues and specific case studies. Friedman is clearly approaching free-market globalization from an optomistic and appreciative perspective, Klien clearer believes that neo-liberal economics have been imposed on countries around the world against their will, and to great detriment to human well-being.
Whatever your political persuation, anyone who has thouroughly read both books will recognize that the 'Shock Doctrine' boasts far more supportive research, to go along with the journalistic interview that form the bulk of the actual text, than Friedman's. Additionally, Klien display's a much more accurate understanding of the technicalities of capitalism than Friedman, probably due to her education at the London School of Economics. Furthermore, whereas Friedman's book reads as a summary of the ideas the have graced the cover of many large newspapers and television shows (Friedman himself works for the New York Times) Klien perspective is novel.
Clearly, this book is a polemic, it contains strong language and makes a strong argument for a particularily damning evaluation of the role of American Academics, the American Government, and many American Foundations in the forced undercutting of democracy around the world for the purpose of creating unpopular neo-liberal make-overs.Read more ›
Having living in Korea during the "Asian flu" of 1997-98 I can honestly say that her synopsis of what happened there was exceedingly accurate; and there was no doubt in my mind that the West genuinely took advantage of a country in need to create "trade advantage", force public downsizing, and to force open borders to foreign investment. No matter what you think of her politics, this is definitely worth reading, and I for one, am the better informed for it. Thank you Ms. Klein!
This is the subject of Naomi Klein's latest novel.
The Shock Doctrine is a whirlwind look at history through the eyes of a dominant school of economic thought, the University of Chiacgo. It goes from South America to Europe, eventually returning home to America in cataloguing the effects of the Chicago School. By extending the Nobel-prize winning Amnesty International Human Rights report on General Pinochet's Argentianian torture regime, it adds necessary context that North Americans have lost out on.
It all came down to a flood of funding to free market think tanks from companies opposed to FDR's Keynesian New Deal, and from the lack of competition from the fall of Communism; she talks about the lack of funding and lack of a Marshall Plan for post-Soviet Russia and post-Saddam Iraq. As any free market-er knows, competition is the foundation for a healthy and innovative market.
Klein happens upon an important idea called the "Davos Dilemma", which contradicts the idea that global trade would bring world peace. She ties this in to the lack of progress in peace between the Israelis and Palestinians since the 1990s, linking that to the burgeoning homeland security bubble that Israel now offers the world with the slogan, "it's our birthright".
In the end, she says no conspiracies are required. It all comes down to companies doing their jobs, to profit their shareholders. The problem is in governments relinquishing their jobs to act in the public interest to companies with countervailing interests.
Overall, I really enjoyed this book for linking .Read more ›
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Very good book, I think back on its theme every time there's a shocking incident in the news.Published 2 months ago by Francois G.
Ms. Klein needs to go back to school to take some basic courses in economics and marketing. Her anti-capitalist and anti-corporate ranting betrays a great lack of knowledge in... Read morePublished 9 months ago by G Tran
This book is meticulously researched and elegantly written. Much of the world will become significantly more understandable in light of the information this book documents. Read morePublished 12 months ago by Reem Ayouby
A superb analysis of the legacy left by neoconservative policy. Naomi Klein ranks with Chomsky, Yanis Varoufakis and William K. (Bill) Black.Published 15 months ago by Jim H.
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