''The Shock Doctrine: The Rise of Disaster Capitalism'' is a 2007 book by the Canadian author and social activist
Naomi Klein. In the book, Klein argues that
neoliberal
Neoliberalism (also neo-liberalism) is a term used to signify the late 20th century political reappearance of 19th-century ideas associated with free-market capitalism after it fell into decline following the Second World War. A prominent fa ...
free market
In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of government or any o ...
policies (as advocated by the economist
Milton Friedman
Milton Friedman (; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the ...
) have risen to prominence in some developed countries because of a deliberate strategy of "
shock therapy". This centers on the exploitation of national crises (disasters or upheavals) to establish controversial and questionable policies, while citizens are too distracted (emotionally and physically) to engage and develop an adequate response, and resist effectively. The book advances the idea that some man-made events, such as the
Iraq War
{{Infobox military conflict
, conflict = Iraq War {{Nobold, {{lang, ar, حرب العراق (Arabic) {{Nobold, {{lang, ku, شەڕی عێراق (Kurdish languages, Kurdish)
, partof = the Iraq conflict (2003–present), I ...
, were undertaken with the intention of pushing through such unpopular policies in their wake.
Some reviewers criticized the book for making what they viewed as simplifications of political phenomena, while others lauded it as a compelling and important work. The book served as the main source of a 2009 documentary feature film with the same title directed by
Michael Winterbottom.
Synopsis
The book is divided into seven parts with a total of 21 chapters.
Part 1 begins with a chapter on psychiatric shock therapy and the covert experiments conducted by the psychiatrist
Ewen Cameron in collusion with the
Central Intelligence Agency
The Central Intelligence Agency (CIA ), known informally as the Agency and historically as the Company, is a civilian foreign intelligence service of the federal government of the United States, officially tasked with gathering, processing, ...
. The second chapter introduces Milton Friedman and his
Chicago school of economics
The Chicago school of economics is a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago, some of whom have constructed and popularized its principles. Milton Friedman and George Stigle ...
, whom Klein describes as leading a
laissez-faire
''Laissez-faire'' ( ; from french: laissez faire , ) is an economic system in which transactions between private groups of people are free from any form of economic interventionism (such as subsidies) deriving from special interest groups. ...
capitalist movement committed to creating free markets that are even less regulated than those that existed before the
Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagio ...
.
Part 2 discusses the use of "shock doctrine" to transform
South America
South America is a continent entirely in the Western Hemisphere and mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere at the northern tip of the continent. It can also be described as the southe ...
n economies in the 1970s, focusing on the
1973 coup in Chile
Events January
* January 1 - The United Kingdom, the Republic of Ireland and Denmark enter the European Economic Community, which later becomes the European Union.
* January 15 – Vietnam War: Citing progress in peace negotiations, U.S. P ...
led by General
Augusto Pinochet and influenced by a prominent group of Chilean economists who had been trained at the University of Chicago in the Economics department, funded by the CIA, and advised by Milton Friedman. Klein connects torture with economic shock therapy.
Part 3 covers attempts to apply the shock doctrine without the need for extreme violence against sections of the population. Klein says that
Margaret Thatcher
Margaret Hilda Thatcher, Baroness Thatcher (; 13 October 19258 April 2013) was Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party (UK), Leader of the Conservative Party from 1975 to 1990. S ...
applied mild shock "therapy" facilitated by the
Falklands War
The Falklands War ( es, link=no, Guerra de las Malvinas) was a ten-week undeclared war between Argentina and the United Kingdom in 1982 over two British dependent territories in the South Atlantic: the Falkland Islands and its territorial de ...
, while
free market reform in Bolivia was possible due to a combination of pre-existing economic crises and the charisma of
Jeffrey Sachs.
Part 4 reports on how Klein thinks the shock doctrine was applied in
Poland
Poland, officially the Republic of Poland, is a country in Central Europe. It is divided into 16 administrative provinces called voivodeships, covering an area of . Poland has a population of over 38 million and is the fifth-most populous ...
,
China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...
,
South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countri ...
,
Russia
Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the ...
, and the
Four Asian Tigers. In Poland she discusses how the left-leaning trade union
Solidarity
''Solidarity'' is an awareness of shared interests, objectives, standards, and sympathies creating a psychological sense of unity of groups or classes. It is based on class collaboration.''Merriam Webster'', http://www.merriam-webster.com/dictio ...
won the country's
1989 legislative elections, but subsequently employed the shock doctrine due to
IMF
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster globa ...
pressure. The section on China discusses the
1989 Tiananmen Square Protests
The Tiananmen Square protests, known in Chinese as the June Fourth Incident (), were student-led demonstrations held in Tiananmen Square, Beijing during 1989. In what is known as the Tiananmen Square Massacre, or in Chinese the June Fourth ...
, and the liberalization of China's economy. In South Africa she explains that the
negotiations to end apartheid resulted in economic policy that went against the core of the
Freedom Charter
The Freedom Charter was the statement of core principles of the South African Congress Alliance, which consisted of the African National Congress (ANC) and its allies: the South African Indian Congress, the South African Congress of Democrats ...
. In Russia she describes how
Boris Yeltsin
Boris Nikolayevich Yeltsin ( rus, Борис Николаевич Ельцин, p=bɐˈrʲis nʲɪkɐˈla(j)ɪvʲɪtɕ ˈjelʲtsɨn, a=Ru-Boris Nikolayevich Yeltsin.ogg; 1 February 1931 – 23 April 2007) was a Soviet and Russian politician wh ...
took power after the
collapse of the Soviet Union
The dissolution of the Soviet Union, also negatively connoted as rus, Разва́л Сове́тского Сою́за, r=Razvál Sovétskogo Soyúza, ''Ruining of the Soviet Union''. was the process of internal disintegration within the Sov ...
and crafted economic policy that made the
Russian oligarchs of 2020 possible. Finally she shows that during the
1997 Asian financial crisis
The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1 ...
the Tiger Nations were forced to sell off numerous state enterprises to private, foreign companies.
Part 5 introduces the "Disaster Capitalism Complex", a complex series of networks and influence employed by private companies that allows them to profit from disasters. She mirrors this new Disaster Capitalism Complex with the
Military Industrial Complex and explains that both employ the blurring of the line between private and public, through tactics like the
revolving door
A revolving door typically consists of three or four doors that hang on a central shaft and rotate around a vertical axis within a cylindrical enclosure. Revolving doors are energy efficient as they, acting as an airlock, prevent drafts, thus de ...
.
Part 6 discusses the use of "
shock and awe
Shock and awe (technically known as rapid dominance) is a military strategy based on the use of overwhelming power and spectacular displays of force to paralyze the enemy's perception of the battlefield and destroy their will to fight. Though ...
" in the
2003 invasion of Iraq
The 2003 invasion of Iraq was a United States-led invasion of the Republic of Iraq and the first stage of the Iraq War. The invasion phase began on 19 March 2003 (air) and 20 March 2003 (ground) and lasted just over one month, including 26 ...
and the subsequent
occupation of Iraq, which Klein describes as the most comprehensive and full-scale implementation of the shock doctrine ever attempted, with mass privatization of Iraqi state-owned enterprises (including thousands of men being laid off) which is argued as contributing to the insurgency, since many of the unemployed became embittered toward the US as a result and joined insurgent groups afterward.
Part 7 is about winners and losers of economic shock therapy – how small groups will often do very well by moving into luxurious
gated communities while large sections of the population are left with decaying public infrastructure, declining incomes and increased
unemployment
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is people above a specified age (usually 15) not being in paid employment or self-employment but currently available for Work (human activity), w ...
. Klein describes economic policy after
Hurricane Katrina
Hurricane Katrina was a destructive Category 5 Atlantic hurricane that caused over 1,800 fatalities and $125 billion in damage in late August 2005, especially in the city of New Orleans and the surrounding areas. It was at the time the cost ...
, the
2004 Sri Lanka Tsunami, and the
Apartheid-style policy of the
Israel
Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...
i government toward
Palestinians
Palestinians ( ar, الفلسطينيون, ; he, פָלַסְטִינִים, ) or Palestinian people ( ar, الشعب الفلسطيني, label=none, ), also referred to as Palestinian Arabs ( ar, الفلسطينيين العرب, label=non ...
.
The Conclusion details the backlash against the "shock doctrine" and economic institutions which, in Klein's view, encourage it – like the
World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Interna ...
and
IMF
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster globa ...
. South America and Lebanon post-2006 are shown in a positive light, where politicians are already rolling back free-market policies, with some mention of the increased campaigning by community-minded activists in South Africa and China.
Reactions
Favourable
Paul B. Farrell from the ''
Dow Jones Business News
Dow or DOW may refer to:
Business
* Dow Jones Industrial Average, or simply the Dow, a stock market index
* Dow Inc., an American commodity chemical company
** Dow Chemical Company, a subsidiary, an American multinational chemical corporation
* ...
'' argued that ''The Shock Doctrine'' "may be the most important book on economics in the 21st century." In ''
The Guardian
''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Gu ...
'',
John Gray hailed it as one of the "very few books that really help us understand the present", describing the work as "both timely and devastating". William S. Kowinski of the ''
San Francisco Chronicle
The ''San Francisco Chronicle'' is a newspaper serving primarily the San Francisco Bay Area of Northern California. It was founded in 1865 as ''The Daily Dramatic Chronicle'' by teenage brothers Charles de Young and M. H. de Young, Michael H. de ...
'' praised Klein's prose and wrote that the author "may well have revealed the master narrative of our time." In ''
The Irish Times
''The Irish Times'' is an Irish daily broadsheet newspaper and online digital publication. It launched on 29 March 1859. The editor is Ruadhán Mac Cormaic. It is published every day except Sundays. ''The Irish Times'' is considered a newspaper ...
'',
Tom Clonan
Thomas Martin Clonan is an Irish senator, security analyst, author and retired Irish Army Captain. He was elected to Seanad Eireann in March 2022 in the 2022 Dublin University by-election.
Military career
Clonan grew up in Finglas, Dublin an ...
reported that she "systematically and calmly demonstrates to the reader" the way in which
neoconservative figures were intimately linked to seismic events that "resulted in the loss of millions of lives."
In the ''
Los Angeles Times
The ''Los Angeles Times'' (abbreviated as ''LA Times'') is a daily newspaper that started publishing in Los Angeles in 1881. Based in the LA-adjacent suburb of El Segundo since 2018, it is the sixth-largest newspaper by circulation in the Un ...
'', Richard Rayner opined, "Not everybody's going to agree with her, but this is reporting and history-writing in the tradition of
Izzy Stone and
Upton Sinclair
Upton Beall Sinclair Jr. (September 20, 1878 – November 25, 1968) was an American writer, muckraker, political activist and the 1934 Democratic Party nominee for governor of California who wrote nearly 100 books and other works in seve ...
. Klein upends assumptions and demands that we think – her book is thrilling, troubling and very dark."
Stephen Amidon
Stephen Amidon (born 1959) is an American author and critic.
Life and career
Amidon was born in Chicago. He grew up on the East Coast of the United States of America, including a spell in Columbia, Maryland, which served as the inspiration for his ...
of the ''
New York Observer
New is an adjective referring to something recently made, discovered, or created.
New or NEW may refer to:
Music
* New, singer of K-pop group The Boyz
Albums and EPs
* ''New'' (album), by Paul McCartney, 2013
* ''New'' (EP), by Regurgitator, ...
'' affirmed the applicability of Klein's thesis to the
Iraq War
{{Infobox military conflict
, conflict = Iraq War {{Nobold, {{lang, ar, حرب العراق (Arabic) {{Nobold, {{lang, ku, شەڕی عێراق (Kurdish languages, Kurdish)
, partof = the Iraq conflict (2003–present), I ...
and argued, "Seen through the lens of Naomi Klein's analysis,
tmakes horrifying sense, right down to Mr. Rumsfeld's decision to allow the looting of the nation's cultural identity." Shashi Tharoor noted the work's "meticulous endnotes" and stated, referring to
globalization
Globalization, or globalisation (Commonwealth English; see spelling differences), is the process of interaction and integration among people, companies, and governments worldwide. The term ''globalization'' first appeared in the early 20t ...
, that Klein "has established herself as its principal naysayer." Katy Guest of ''
The Independent
''The Independent'' is a British online newspaper. It was established in 1986 as a national morning printed paper. Nicknamed the ''Indy'', it began as a broadsheet and changed to tabloid format in 2003. The last printed edition was publis ...
'' praised the book as "a compelling account of the way big business and politics use global disasters for their own ends."
Juan Santos, winner of the 2016 Nobel Peace Prize, called the book "as gripping as the best murder mystery, as well researched as the best investigative journalism – on a par with the work of a
Seymour Hersh."
''The Shock Doctrine'' was named one of the best books of 2007 by the ''
Village Voice
''The Village Voice'' is an American news and culture paper, known for being the country's first alternative newsweekly. Founded in 1955 by Dan Wolf, Ed Fancher, John Wilcock, and Norman Mailer, the ''Voice'' began as a platform for the creat ...
'', ''
Publishers Weekly
''Publishers Weekly'' (''PW'') is an American weekly trade news magazine targeted at publishers, librarians, booksellers, and literary agents. Published continuously since 1872, it has carried the tagline, "The International News Magazine of B ...
'', ''
The Observer
''The Observer'' is a British newspaper published on Sundays. It is a sister paper to ''The Guardian'' and ''The Guardian Weekly'', whose parent company Guardian Media Group Limited acquired it in 1993. First published in 1791, it is the w ...
'', and the ''
Seattle Times
''The Seattle Times'' is a daily newspaper serving Seattle, Washington, United States. It was founded in 1891 and has been owned by the Blethen family since 1896. ''The Seattle Times'' has the largest circulation of any newspaper in Washington st ...
''. In 2019, ''
The Guardian
''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Gu ...
'' ranked it the 18th greatest book since 2000.
Mixed
The
Nobel
Nobel often refers to:
*Nobel Prize, awarded annually since 1901, from the bequest of Swedish inventor Alfred Nobel
Nobel may also refer to:
Companies
*AkzoNobel, the result of the merger between Akzo and Nobel Industries in 1994
*Branobel, or ...
Laureate and former
Chief Economist of the World Bank The Chief Economist of the World Bank (full title: Senior Vice President for Development Economics and Chief Economist of the World Bank Group) is the senior economist at the World Bank Group, tasked with providing intellectual leadership and direct ...
Joseph Stiglitz
Joseph Eugene Stiglitz (; born February 9, 1943) is an American New Keynesian economist, a public policy analyst, and a full professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the Joh ...
wrote a review of ''The Shock Doctrine'' for ''
The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'' calling the parallel between economic shock therapy and the psychological experiments conducted by Ewen Cameron "overdramatic and unconvincing" and claiming that "Klein is not an academic and cannot be judged as one. There are many places in her book where she oversimplifies." He also said "the case against these policies is even stronger than the one Klein makes" and that the book contains "a rich description of the political machinations required to force unsavory economic policies on resisting countries."
Shashi Tharoor in ''
The Washington Post
''The Washington Post'' (also known as the ''Post'' and, informally, ''WaPo'') is an American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper within the Washington metropolitan area and has a large nati ...
'' says that ''The Shock Doctrine'' takes Klein's criticism of capitalism an important step further. He also said Klein "is too ready to see conspiracies where others might discern little more than the all-too-human pattern of chaos and confusion, good intentions and
greed."
Sociologists as
Ulrich Beck
Ulrich Beck (15 May 1944 – 1 January 2015) was a German sociologist, and one of the most cited social scientists in the world during his lifetime. His work focused on questions of uncontrollability, ignorance and uncertainty in the modern a ...
envisioned the society of risk as a new cultural value which posed risk as a
commodity
In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.
The price of a comm ...
to be exchanged in globalized economies. As Klein observed, this suggested that disasters and
capitalist economy was inevitably entwined. Some voices have praised the contributions of Klein to the study of the "spectacle of disasters".
Unfavourable
In the ''
London Review of Books
The ''London Review of Books'' (''LRB'') is a British literary magazine published twice monthly that features articles and essays on fiction and non-fiction subjects, which are usually structured as book reviews.
History
The ''London Review of ...
'', Stephen Holmes criticizes ''The Shock Doctrine'' as naïve, and opines that it conflates "'free market orthodoxy' with predatory corporate behaviour." John Willman of the ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nik ...
'' describes it as "a deeply flawed work that blends together disparate phenomena to create a beguiling – but ultimately dishonest – argument." Tom Redburn in ''The New York Times'' states that "what she is most blind to is the necessary role of
entrepreneurial capitalism in overcoming the inherent tendency of any established
social system to lapse into stagnation."
Jonathan Chait
Jonathan Benjamin Chait () (born May 1, 1972) is an American pundit and writer for '' New York'' magazine. He was previously a senior editor at ''The New Republic'' and an assistant editor of ''The American Prospect''. He writes a periodic col ...
wrote in ''
The New Republic
''The New Republic'' is an American magazine of commentary on politics, contemporary culture, and the arts. Founded in 1914 by several leaders of the progressive movement, it attempted to find a balance between "a liberalism centered in hum ...
'' that Klein "pays shockingly (but, given her premises, unsurprisingly) little attention to
right-wing
Right-wing politics describes the range of political ideologies that view certain social orders and hierarchies as inevitable, natural, normal, or desirable, typically supporting this position on the basis of natural law, economics, authorit ...
ideas. She recognizes that
neoconservatism
Neoconservatism is a political movement that began in the United States during the 1960s among liberal hawks who became disenchanted with the increasingly pacifist foreign policy of the Democratic Party and with the growing New Left and ...
sits at the heart of the
Iraq war
{{Infobox military conflict
, conflict = Iraq War {{Nobold, {{lang, ar, حرب العراق (Arabic) {{Nobold, {{lang, ku, شەڕی عێراق (Kurdish languages, Kurdish)
, partof = the Iraq conflict (2003–present), I ...
project, but she does not seem to know what neoconservatism is; and she makes no effort to find out." Robert Cole from ''
The Times
''The Times'' is a British daily national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its current name on 1 January 1788. ''The Times'' and its sister paper ''The Sunday Times'' (fou ...
'' said, "Klein derides the 'disaster capitalism complex' and the profits and
privatisation
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when ...
s that go with it but she does not supply a cogently argued critique of free market principles, and without this ''The Shock Doctrine'' descends into a muddle of stories that are often worrying, sometimes interesting, and occasionally bizarre."
Economist
Tyler Cowen, who called Klein's arguments "ridiculous" and the book a "true economics disaster", wrote on ''
The New York Sun
''The New York Sun'' is an American online newspaper published in Manhattan; from 2002 to 2008 it was a daily newspaper distributed in New York City. It debuted on April 16, 2002, adopting the name, motto, and masthead of the earlier New York ...
'' that the book contains "a series of fabricated claims, such as the suggestion that
Margaret Thatcher
Margaret Hilda Thatcher, Baroness Thatcher (; 13 October 19258 April 2013) was Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party (UK), Leader of the Conservative Party from 1975 to 1990. S ...
created the
Falkland Islands crisis to crush the unions and foist unfettered capitalism upon an unwilling British public."
Johan Norberg
Johan Norberg (; born 27 August 1973) is a Swedish author and historian of ideas, devoted to promoting economic globalization and what he describes as classical liberal positions. He is arguably most known as the author of '' In Defense of Global ...
of the libertarian
Cato Institute
The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded in 1977 by Ed Crane, Murray Rothbard, and Charles Koch, chairman of the board and chief executive officer of Koch Industries.Koch Indust ...
criticizes the book, saying that "Klein's analysis is hopelessly flawed at virtually every level." Norberg finds fault with specifics of the analysis, such as with the Chinese government crackdown on the
Tiananmen Square protests of 1989
The Tiananmen Square protests, known in Chinese as the June Fourth Incident (), were student-led demonstrations held in Tiananmen Square, Beijing during 1989. In what is known as the Tiananmen Square Massacre, or in Chinese the June Fourth ...
. He argues that, rather than crushing opposition to pro-market reforms (as Klein would have it), the crackdown itself caused liberalization to stall for years.
Klein responded on her website to both Norberg and Chait, stating that both had misrepresented her positions. Klein wrote that Norberg had erected a
straw man by claiming that her book is about one man, Friedman, but that it is in fact about a "multifaceted ideological trend".
Norberg again responded that Klein "actually defends only one of her central claims that I criticized. Instead she gives the impression that I have just tried to find small mistakes here and there in her book." He went on to say that the numbers Klein supplied in her reply reveal the statistics in her central argument to be "rubbish".
Later comments
In a piece related to the
COVID-19 pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif ...
, Klein wrote in 2020 that a "Pandemic Shock Doctrine" was beginning to emerge, and called it the "Screen New Deal".
[ Naomi Klein.]
Screen New Deal
, ''The Intercept
''The Intercept'' is an American left-wing news website founded by Glenn Greenwald, Jeremy Scahill, Laura Poitras and funded by billionaire eBay co-founder Pierre Omidyar. Its current editor is Betsy Reed. The publication initially reported ...
'', 8 May 2020.
Awards
* Winner of the
Warwick Prize for Writing
The Warwick Prize for Writing was an international literary prize, worth £25,000, that was given biennially for writing excellence in the English language, in any genre or form, on a theme that changes with every award. It was launched by the Univ ...
(2008/2009)
See also
*
Chicago school of economics
The Chicago school of economics is a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago, some of whom have constructed and popularized its principles. Milton Friedman and George Stigle ...
* ''
Confessions of an Economic Hit Man''
*
Criticism of capitalism
Criticism of capitalism ranges from expressing disagreement with the principles of capitalism in its entirety to expressing disagreement with particular outcomes of capitalism.
Criticism of capitalism comes from various political and philoso ...
*
Fear mongering
Fearmongering, or scaremongering, is a form of manipulation that causes fear by using exaggerated rumors of impending danger.
Theory
According to evolutionary psychology, humans have a strong impulse to pay attention to danger because awareness ...
*
Political economy
Political economy is the study of how Macroeconomics, economic systems (e.g. Marketplace, markets and Economy, national economies) and Politics, political systems (e.g. law, Institution, institutions, government) are linked. Widely studied ph ...
*
Shock therapy (economics)
References
External links
*
Articlesfrom theguardian.com
*
*
*
; Reviews and interviews
– review from ''
Left Business Observer
Doug Henwood (born December 7, 1952) is an American journalist, economic analyst, author, and financial trader who writes frequently about economic affairs. Until 2013 he published a newsletter, ''Left Business Observer'', that analyzes economics a ...
''
Positive commentaryby
Arianna Huffington
''News from Within Podcast'': "Naomi Klein's ''The Shock Doctrine'' in the Israeli Context" an audio interview with Naomi Klein.
"Dead Left" by Jonathan Chait A review by ''
The New Republic
''The New Republic'' is an American magazine of commentary on politics, contemporary culture, and the arts. Founded in 1914 by several leaders of the progressive movement, it attempted to find a balance between "a liberalism centered in hum ...
''
''After Words'' interview with Klein on ''The Shock Doctrine'', September 19, 2007
{{DEFAULTSORT:Shock Doctrine, The
2007 non-fiction books
Books about globalization
Non-fiction books adapted into films
Books critical of capitalism
Canadian political books
Criticism of neoconservatism
Books by Naomi Klein
Canadian essays
Disasters
Risk
Knopf Canada books