08 October 2007

Digby: Randy Conservatives

It's interesting that Naomi Klein's new book about "disaster capitalism" is taking the political world by storm, since it's such a downer. She offers a stark and scary explanation as to why in disasters and wars and crises of all kinds we so often see these even more disasterous "free-market" solutions. From shock therapy in Russia to the CPA in Iraq to the Republican post-Katrina planning committee at the Heritage Foundation, you see similar examples of market fundamentalist approaches to problems of vast scale that one would have until recently assumed would be undertaken by government, democratic or otherwise. Klein makes the case that this is essentially a product of a school of economic thought that has found it can not only benefit by disaster, but it benefits greatly if it actually creates disasters, frightening people into accepting what in the best case can be considered experimental solutions to problems and in the worst case provides the opportunity for greed and graft to operate without restraint.

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