The shock doctrine

the rise of disaster capitalism

Hardcover, 576 pages

English language

Published Feb. 6, 2007 by Metropolitan Books.

ISBN:
9780805079838

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4 stars (5 reviews)

An introduction to "disaster capitalism" argues that the global free market has exploited crises, violence, and shock in the past three decades to promote radical privatization that benefits large corporations and powerful interest groups.

23 editions

Review of 'The shock doctrine' on 'Goodreads'

4 stars

It's been awhile since I've read this, but the history and thesis is interesting. It cannot be denied that the current version of capitalism sees the rich benefit off of disaster. Recessions come and go and the rich get richer from them, the poor poorer. More recently, we've seen episodes such as Texan companies during the current freeze making money while utterly failing at their jobs. (As example, see here: www.msn.com/en-us/money/markets/jerry-jones-profits-from-texas-power-outages-as-gas-prices-skyrocket/ar-BB1dNoj1)



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primary critique one might level at this work is that capitalism is supposed to be about free markets, and so one may try to argue this isn't 'really' capitalism. This ignores that capitalism has many different definitions, and frankly the one that sees the most usage today is the simple, straight-forward one you'd expect: a system devoted to the pursuit of capital. This also ignores that the hypocrisy started on the other side: people talked about …

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Subjects

  • Political Science
  • Politics / Current Events
  • Politics/International Relations
  • Economic Conditions
  • Government & Business
  • Middle East - General
  • Modern - 21st Century
  • Nonfiction
  • Political Science / Globalization
  • Globalization
  • Capitalism
  • Financial crises
  • Free Enterprise

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