aPriL does feral sometimes 's Reviews > The Shock Doctrine: The Rise of Disaster Capitalism

The Shock Doctrine by Naomi Klein
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it was amazing
bookshelves: non-fiction, history, politics

'The Shock Doctrine' describes how rich men rape poor countries while supposedly saving it. It is a sickening read. The book describes how Milton Friedman's economic theories work when put into practice by admirers such as the American Republican Party, and the second President George Bush.

Friedman's ideas have consistently produced failing States. Iraq is one example the author discusses with plenty of evidence of how it is done: outsource the war to private security firms and the following plan of 'nation building' to corporation employees in place of government employees. Outsourcing promotes the theft of billions of taxpayer money through inflated billings while incompetent contractors look as if they are doing something to fulfill their contracts. Klein also shows how governments, in trying to save themselves from a variety of economic crises, have employed Friedman's horrible policies, imposed on them by various international powers and banks, end up in reality impoverishing their citizens while foreigners and homegrown elites extract most of the wealth created and deposit it to their own personal bank accounts.

What the shock doctrine is, it is forcing a country to sell off most of its assets. Rich men take advantage of natural disasters or intentionally created financial crashes which bring a country to its knees. When a country is faced with a sudden disaster where many people are suddenly out of work and governments are stunned by the suffering and fear and destruction, banks and corporations move in and rape the country while promising to fix the problems with cash (borrowed at high interest) while imposing strict limitations on social security, fuel supports or food subsidies to the poor. The banks also force the sale of publicly owned electrical grids and water and sewer plants to private foreign companies and countries, who then fire the local employees and raise the price of the heretofore affordable necessities of daily life. Poverty rates typically jump from perhaps 10% to 30-60%.

In other words, a troubled country is forced into deeper, more painful difficulties intentionally in order to force the selling at rock bottom prices of everything of value to business entities which have no interest in helping or saving the country's citizens. While people are shocked and fearful because of disasters, they meekly allow the foreign corporations to 'save' them by stealing their assets and starving them.

Friedman also promoted using the most extreme methods on any protestors who dare to fight back at being raped, robbed and starved to deepen the shock and upset, through what used to be called brainwashing methods. In actuality, it means using torture.

Friedman thinks these policies will improve the functioning of everything eventually; however, Klein demonstrates in example after real world example (Brazil, Argentina, Iraq, Indonesia, Thailand, and others) how Friedman's theories when put into practice actually destroyed the lives of millions of people and enriched only the top 1%, and as a bonus brought unbearable suffering to the 99%.
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Reading Progress

March 26, 2012 – Started Reading
March 26, 2012 – Shelved
March 28, 2012 –
page 46
8.24% "This. Is. Horrible. Ewen Cameron would have fit in with the Nazis."
March 29, 2012 –
page 53
March 31, 2012 –
page 142
25.45% "I am disgusted by Milton Friedman and his economic policies. 30% unemployment by the creation of Chicago school run economies in South America, plus widespread torture for the purpose of terror, and takeover of government by mega corporations. All promoted policies under Nixon, Reagan, and Bush II. I was reading about this stuff at the time, but this book horrifically makes plain what was unclear at the time. Sad."
April 1, 2012 –
page 312
55.91% "Everyone, especially IMF clients, should read this book."
April 3, 2012 – Shelved as: non-fiction
April 3, 2012 – Shelved as: history
April 3, 2012 – Finished Reading
April 28, 2012 – Shelved as: politics

Comments Showing 1-3 of 3 (3 new)

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Steven Williams I wrote a similar review on this book. Check it out if you wish.

Joseph Spuckler Very timely review and book.

aPriL does feral sometimes I wish more people would read it...

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