Friday, Sep 26, 2008
"You know the thesis of the Shock Doctrine is that you need a disaster to rationalize pushing throug
SOTT: Naomi Klein: The Bomb Has Yet to Detonate
Naomi Klein argues that by transferring Wall Street's gambling debt to Main Street (what she calls crybaby capitalism), the shock doctrine will come into play:
"They have moved the disaster from Wall Street to Main Street by accepting those debts.... But the bomb has yet to detonate. The bomb is the debt that has now been transferred to the taxpayers.
Posted by malct @ 11:36 AM (240 views) Add Comment
3 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. shipbuilder said...
Naomi tells it like it is.
2. mark wadsworth said...
Nope.
What NK said was that evil capitalists use chaos as an opportunity to privatise everything (e.g. buy up Iraqi oil wells)
What has happened here is the reverse - Big Gummint has used chaos as an opportunity to nationalise things.
The only common thread is that either possibility leads to corporatism - i.e. an unholy union between Big Corporations and Big Gummint.
So there.
3. shipbuilder said...
I think that's exactly what she said in the article, Mark.