No Is Not Enough: Resisting Trump's Shock Politics and Winning the World We Need

by Naomi Klein

There is a bitter irony here, because the IMF was created after World War II with the express mandate of preventing the kinds of economic punishment that fueled so much resentment in Germany after World War I. And yet it was an active part of the process that helped create the conditions for neo-fascist parties to gain ground in Greece, Belgium, France, Hungary, Slovakia, and so many other countries. Our current financial system is spreading economic humiliation all over the world—and it’s having the precise effects that the economist and diplomat John Maynard Keynes warned of a century ago, when he wrote that if the world imposed punishing economic sanctions on Germany, “vengeance, I dare predict, will not limp.”