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The Rise of Disaster Capitalism
Metropolitan Books
September 2007
On Sale: September 18, 2007
576 pages ISBN: 0805079831 EAN: 9780805079838 Hardcover
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Non-Fiction
The bestselling author of No Logo shows how the global free
market has exploited crises and shock for three decades,
from Chile to Iraq
In her groundbreaking reporting over the past few years,
Naomi Klein introduced the term disaster capitalism. Whether
covering Baghdad after the U.S. occupation, Sri Lanka in the
wake of the tsunami, or New Orleans post-Katrina, she
witnessed something remarkably similar. People still reeling
from catastrophe were being hit again, this time with
economic shock treatment, losing their land and homes to
rapid-fire corporate makeovers.
The Shock Doctrine retells the story of the most dominant
ideology of our time, Milton Friedman s free market economic
revolution. In contrast to the popular myth of this movement
s peaceful global victory, Klein shows how it has exploited
moments of shock and extreme violence in order to implement
its economic policies in so many parts of the world from
Latin America and Eastern Europe to South Africa, Russia,
and Iraq.
At the core of disaster capitalism is the use of cataclysmic
events to advance radical privatization combined with the
privatization of the disaster response itself. Klein argues
that by capitalizing on crises, created by nature or war,
the disaster capitalism complex now exists as a booming new
economy, and is the violent culmination of a radical
economic project that has been incubating for fifty years.
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