The Shock Doctrine: The Rise of Disaster Capitalismby Naomi Klein (Author)
Naomi Klein unveils in this hard-hitting book (naming names) extremely clearly the economic utopia and the shameful realities resulting from the neo-liberal policies of the Chicago School of Economics, also called `The Washington Consensus'.
What
Its defenders claim that the free market is a perfect scientific system, in which individuals acting on their own self-interested desire, create the maximum benefit for all.
But, as no country or city wanted to implement deliberately their policies, its powerful fundamentalist defenders, together with their long arm, the IMF, used and created shocks (wars, military coups, political upheavals, natural disasters, terrorist attacks, epidemics, energy and resource shortages) to force a second shock of radical social and economic engineering on traumatized populations.
Where
Naomi Klein analyzes brilliantly a long list of victims of the shock doctrine of which the most important are: Chile, Argentina, Bolivia, Iraq, Russia, Indonesia, Poland, South-Africa, former Yugoslavia and its republics, Lebanon, Sri Lanka, Thailand, New Or leans and the US as a whole.
How
This radical economic cure consisted intentionally in eliminating the public sphere, in giving total freedom to private interests and in providing only skeletal social spending. Sometimes with the help of the IMF as their obedient mediator, State and corporate wealth was cut into pieces and sold of for a trifle in debased currencies to private, mostly foreign, interests: airlines, phone and water systems, oilfields, all kind of corporations and factories (sometimes direct competitors)
Private bonanza, public hell
Those policies created a formidable bonanza for transnational corporations, oligarchs and investment banks.
For the majority of the population, the results were less than bleak, rather hellish:
Not democracy, but dictatorship
Not peace, but war, tortures or simply assassinations (the essence of dehumanizing)
Not freedom for the populations, but for the corporations
Not hiring, but mass unemployment (putting people in a starvation position)
Not civil liberties, but aggressive surveillance
Not clean commerce, but rampant corruption
Not broadly based wealth, but turning 25 to 60 % of the population into a permanent underclass
Not clean air and water, but environmental degradation
US
In the US, the core of the governmental tasks (the military, the police, fire departments, power, covert intelligence, disease control, public schools) was subcontracted to private interests.
Future
But the tide is turning against disaster capitalism. The IMF is nearly out of business.
Democratic socialism, always regarded by those in power as a greater threat than totalitarian communism, is clearly on the march, especially in South-America.
Naomi Klein's formidable book is a must read for all those who want to understand the world we live in.
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