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The Shock Doctrine
The Shock Doctrine: The Rise of Disaster Capitalism | Naomi Klein
19 posts | 34 read | 36 to read
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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RamsFan1963
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Pickpick

If you're looking for a book to make you angry, this is the one. I found it infuriating to listen to the idea of governments and large corporations profiting for disasters like 9/11, Hurricane Katrina and the Invasion of Iraq. I knew George W. Bush and his admin were of bunch of gutter thugs, but now I see I was only aware of the tip of the corruption iceberg.
As I read this I kept thinking about Trump and the current covid pandemic. ⬇️ Continued

RamsFan1963 Fortunately, for the US and the world, Trump is an illiterate buffoon who's never read a book without his name in the title, he has no concept of disaster capitalism. Otherwise, he would have leaned into the pandemic, made it sound even worse than it was, preying on people's fears and need for security to push his agenda. Since Trump is a coward, with a pathological need for approval, he did the opposite and downplayed the danger. ⬇️ 4y
RamsFan1963 I'm sure Milton Friedman was spinning in his grave over Trump's missed opportunity. 4y
Reggie 🙌🏽🙌🏽🙌🏽 4y
44 likes3 comments
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The_Penniless_Author
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Pickpick

Now-classic expose of how moneyed interests - with the aid of sympathetic or coerced governments- use natural disasters, wars and other catastrophes to shred regulations and gobble up property, assets and market share at a rate that would have otherwise been impossible. This strategy has only accelerated since the book was published (2006) and helps explain the godawful income inequality that exists in the US today. ⭐⭐⭐⭐⭐

The_Penniless_Author @Milara Absolutely. The graph of the "recovery" in the US since the economy cratered in April/May is really telling. While those who made $100k+ a year are doing even better than they were before March, those who made less are in as bad or worse shape as people during the Great Depression. The Dow Jones is over 30,000, while we add tens of thousands of permanent job losses a month. If that doesn't scream "two-tiered economy" I don't know what does 4y
CarolynM Here in Australia our conservative government is using recovery from the pandemic to trash our wage regulating system, yet it's the wage earners (particularly casual workers) who have suffered the economic fall out, not so much the top end of town😡😡😡 4y
31 likes2 comments
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Schwifty
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Pickpick

I can‘t believe I put off reading this book for over a decade. This has to be one of the best contemporary histories of American imperialism and its modern raison d‘être available. In brief, Klein‘s “master narrative” traces the evolution of Milton Friedman‘s laissez-faire style of capitalist economic ideology out of the University of Chicago and how Washington implemented it through coups and such across the global south after various disasters.

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WellReadCatLady
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This book is making me mad, but informative about something we need to know especially now with the virus.

23 likes1 stack add
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RowReads1
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Niso
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Pickpick

Brilliant book that has forever changed my understanding of capitalism & politics, offering a new framework to consider international politics and the development and aid work funded by UK and USA. One issue is the omissions of geopolitical and historical dynamics in Lebanon and Iraq in favour of advancing Klein's argument, making me wonder about the omissions in her discussions of S. America, S. Africa and Asia.
#nonfiction #favourite #review

44 likes1 stack add
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Niso
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Another important work from one of most brilliant, brave and principled thinkers of our times. Highly recommended reading for anyone interested in economics, state services and international politics.
#nonfiction #economics #politics #reading #goodreads

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notreallyelaine
Pickpick

This book rocked me. The Iraq War section left me with a profound sense of disgust, esp reading a decade later. The anti-war movement died, the war architects retired to cushy book deals, and the rest of us settled into cultural amnesia. And we‘re STILL bombing ppl! Ugh. I really loved the closing message on taking the lead from affected communities already resisting and rebuilding. A must-read for anyone trying to understand just how we got here.

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Emilymdxn
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Naomi Klein is speaking at the Southbank centre in London on 9 March!! Can‘t believe I have a ticket to hear one of my all time fave authors and human beings in conversation. I only discovered her last year but I think I‘ve read everything she‘s ever published now!

Anyone else who‘s coming/wants to come hit me up! We could get a drink beforehand or something

candority I saw her speak last year and she was excellent! 6y
Emilymdxn @candority amazing!! I‘m so excited already 6y
Freespirit I really respect her. Enjoy 6y
batsy That's wonderful! I look forward to your thoughts on it :) 6y
42 likes4 comments
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Olive315
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Another book given to me by my incredibly intelligent future lawyer cousin. He clearly believes I need some education in the area of capitalism and economics...I will attempt to read this maybe when I have the patience for feeling like I'm in school again!
Merry Christmas!!! 🎄💕🤘🏻

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Emilymdxn
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Pickpick

Everything Naomi Klein writes is amazing and this is no exception.

Truly eye opening, shocking, clear and inspiring. It covered lots of countries in lots of continents and could have been confusing if anyone else had written it, but I‘ve learned a lot and don‘t feel like it was too much. If I could make any one author compulsory reading for everyone alive it would be Naomi Klein.

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Emilymdxn
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Project read-everything-Naomi-Klein-has-ever-written is go! Her books just give me life. Every one makes my mind a bit bigger, it feels like. A close friend who studied politics and is one of the cleverest people I know loved this one so I‘m going in very excited.

RaimeyGallant I audiobooked one of hers last year, and 22 hours later, was happy I did. :) 6y
Aimeesue Yep. Klein is brilliant. 6y
45 likes2 stack adds2 comments
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Puneetkant
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Pickpick

Brilliant and eye opening...book explains very clearly how human rights are often trampled by the corporations when they are trying to achieve endless growth and profit...a balanced outlook is required to shape a better future.

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batsy
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An excellent book that talks about the "shock doctors", global profiteers who cash in on war, chaos, and climate disasters. Exposes the #lies that corporate-owned media helps to disseminate in service of the people in power. This is a must-read book that is thoroughly researched and presented in straightforward, forceful prose.
#maybookflowers @RealLifeReading

Suet624 This is so frightening. I remember studying this concept in the 70's and I thought it was bad then. 8y
batsy @Suet624 Yes! Reading about how it was done in Chile in the 70s and the group of economists behind it was devastating. 8y
29 likes1 stack add2 comments
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Anne
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An amazing book to be reading right now. Wanna know why things are the way they are? This is really helping me figure it out.

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JacquelynLovesYou
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Three books that have been in my tbr pile for a while. Now might be the time to read them with Pres. Cheeto trying to scare everyone about immigrants and trans people. #fear #scaretactics #shockdoctrine #currentevents #resist #alternativefacts

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Dragon
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#scary #nonfiction #litsy this book is so scary. I could not finish it because I was too horrified. The descriptions of the torture used for political and economic purposes made me ill. Maybe someday when I have a stronger stomach. Google photo credit

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Simona
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Half of this pile is still unread, but they look nice ☺️

#augustphotochallenge #whitespines

Godmotherx5 Great photo 8y
Simona @Godmotherx5 Thanks. 8y
61 likes2 comments