Naomi Klein: Wall St. Crisis Should Be for Neoliberalism What Fall of Berlin Wall Was for Communism

As the world reels from the financial crisis on Wall Street and the taxpayer-funded $700 billion bailout, we spend the hour with Naomi Klein on the economy, politics and “disaster capitalism.” The Shock Doctrine author recently spoke at the University of Chicago to oppose the creation of an economic research center named after the University’s most famous economist, Milton Friedman. Klein says Friedman’s economic philosophy championed the kind of deregulation that led to the current crisis.