The Shock Doctrine: The Rise of Disaster Capitalism

Name: The Shock Doctrine: The Rise of Disaster Capitalism
Author: Naomi Klein
ISBN: 9781429919487

Naomi Klein

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Naomi Klein

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#3442 of 3,809 books · #105 in Business & Economics

Shortlisted for the Los Angeles Times Book Prize for Current Interest (2007).

The Shock Doctrine won the Warwick Prize for Writing and was named 18th in The Guardian's top 100 Greatest Books since 2000. In her groundbreaking reporting, 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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