Comparing economic theory to psychology and CIA torture, Klein argues that neoliberalism’s rise was intimately intertwined with the notion of ‘shock’, of exploiting populations reeling from man-made or human disasters to implement reforms beneficial to capital. Klein charts the global progress of such ‘shock treatments’ and argues a new form of economy has arisen in recent years: disaster capitalism. It’s a neat formulation but it’s ultimately unconvincing; many of Klein’s examples actually undermine her thesis. Nevertheless, with her customary tight prose the ‘No Logo’ author marshals an impressive array of facts which serve to make this a frequently fascinating history. SS
Picador USA; 2008; 720 pages
Red Reads 