The Shock Doctrine

The Shock Doctrine

The Rise of Disaster Capitalism

Book - 2007
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Baker & Taylor
In an introduction to the concept of "disaster capitalism," the award-winning author of No Logo offers a revealing exposé of how the global "free market" has exploited crises, violence, and shock over the past three decades to promote radical privatization that benefits large corporations and powerful interest groups. 100,000 first printing.

McMillan Palgrave

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.



Baker
& Taylor

An introduction to the concept of "disaster capitalism" offers an exposGe of how the global "free market" has exploited crises, violence, and shock over the past three decades to promote radical privatization that benefits large corporations and powerful interest groups.
An introduction to the concept of "disaster capitalism" offers an exposâe of how the global "free market" has exploited crises, violence, and shock over the past three decades to promote radical privatization that benefits large corporations and powerfulinterest groups.

Publisher: New York : Metropolitan Books/Henry Holt, 2007
Edition: 1st ed
ISBN: 9780805079838
0805079831
9780312427993
0312427999
Characteristics: 558 p. ; 25 cm

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l
lukasevansherman
Dec 15, 2015

One of the most ambitious, trenchant & relevant books of the decade, Naomi Klein's "The Shock Doctrine," arrived in the midst of globalization, war on terror and the Bush presidency. Klein is an unapologetic leftist who attacks the basic and often taken for granted tenants of free market capitalism, exposing its dark ideological heart and its disasterous consequences for the poor and disenfranchised. Fiercely intelligent, challenging and articulate, this is one of the rare books the can change the way you think.

d
darlenestrom
Apr 03, 2015

No need to ask what has gone wrong in the world for the past few decades, it is all here! I kept saying to myself, 'so that's what happened'! Fascinating, very readable book. This is knowledge that every Canadian needs because this is also happening in our own country.

s
shepvideo
Aug 09, 2014

It's been about 4 years since I read this book. After I did I found it to be one of the most important communications of this new century. I still feel that way, so I had to get on here to counter the neo-con/neo-liberal bias of some of the commenters. This is a seminal work and for good reason a major best seller. "The Shock Doctrine," explains so much about the success of the forces of wealth and big corporate elite dominance of our economically contracting World. Just read it and decide for yourself. Nothing will stop and can only partially ameliorate the triple crises of the century; resource depletion, climate disruption, and overblown human population. It pays to know how the status quo swings, and Ms. Klein can teach you a lot about that.

redban Dec 19, 2013

Excellent historical and social policy insight. For a direct critique of Wall Street, Matt Taibbi's "Griftopia" is most recommended!

To StarGladiator: I'd say Naomi is sincere; she doesn't push it as far in the pure Economics sense because that is not her expertise.

paul1's comment using "stats" as "proof" is on the level of a Grade 3 science experiment.

Thoughtlessly clobbering together 3 stats of different magnitudes/context/timeframes/methodologies, piling this on a mountain of assumptions, and proclaiming it as proof... great.

The term "Free Market" represents both a theory (some would say a myth) and a practice. Ms. Klein is critiquing the practice (which is characterized by resource exploitation and financial hegemony), while scholars like Ha-Joon Chang can show you the difference between the practice and the myth.

But seriously... on the international level (Asia, Latin America, Africa, Middle East), European decolonization and trying to rebuild after decades of American corporate interventions are hardly accomplishments of so-called Free Markets. In statistics, correlation does not mean causation, but your correlations are not even sound! The "Free Markets" practiced are obviously scams when third-world populist leaders trying to nationalize resources are assassinated and foreign-sponsored death squads patrol the land while multinational corporations loot the resources. Yes, it is quite "free" for multinational corporations, just as Free Trade agreements "free" multinational corporations from the laws of sovereign nations.

s
StarGladiator
Jun 04, 2013

I always have a problem when there's too much missing information, or a purposeful reframing. Certainly, as far as privatization is concerned, Reagan established the Office of Privatization (Executive Order #12615) within OMB to privatize as much of government as possible, it was under Clinton when the governmental privatization exploded. Plus, it was Robert Rubin, who had been in Clinton's administration, who founded the Hamilton Project (within the Brookings Institution) to privatize everything, while Obama would go on to appoint a bunch of people from the Hamilton Project! (Naomi fails to mention that it was Rockefeller and the Rockefeller family who funded, and continues to fund, the University of Chicago - - especially their economics, business and law colleges.) With the information now out that Klein is on Rockefeller front groups (board of directors), and I've long felt Bill McGibben was nothing more than a "corporate environmentalist" fraud, and that has now come to light, I shall be ignoring everything about Naomi Klein, as I already have as far as neophyte McGibben (finally was first arrested in 2012, and won't let anyone forget that!), in the future!

t
toby1kenobi
Jul 04, 2011

Comprehensive look at various key moments in history where a shock to the system was used to usher in radical economic reforms, using Milton Freidman's theories. Klein stunningly brings together research debunking the notion that the free market has democratically won the battle of ideas. Really worth the many months it will take to read!

p
pirastro
Aug 20, 2010

Well, maybe...One can see it this way sometimes. Not really sure if anything has really changed, though.

p
paul1
Apr 24, 2010

A narrative containing a thin veneer of truthiness. Klein relies on the vivid anecdote, which is all that can buttress her thesis. During the period of the supposed rise of the neo-cons, or Friedmanites, or libertarians (her phraseolgy is imprecise and variable) most objective measures of the state of humanity point to increased standards of living. For example, the International Labor Organization reports between 2002 and 2007, the number of children attending school instead of working rose 11%. Global infant mortality fell 60% between 1960 and 2005. Nutrition in developing countries shows that portion of under-nourished people declined from 37% to 17%. Proof that free markets and globalization works, despite naysayers like Klein.

g
gestr
Dec 10, 2009

A heavy dose of reality. What the news does not tell us.

v
vickiz
Dec 18, 2008

Overall, I feel like I learned a lot, as I did with "No Logo". I'm also filled with even more admiration for Klein's intellect and tenacity with complex, thorny, overwhelming subject matter. Unlike "No Logo", however, "Shock Doctrine" left me feeling pretty bleak, hopeless and powerless. It wasn't until mere pages from the end that Klein starts to give examples of people rising up against and finding ways to resist being shocked into accepting the Freidmanesque privatization of government and social services - almost as if she is pretty weary and despairing of the subject, too.

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gekovic Jun 16, 2011

“The truly powerful feed ideology to the masses like fast food while they dine on the most rarified delicacy of all: impunity.”
Naomi Klein

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