Klein's Shock Doctrine

[Firestaller]

I "read" the book (actually ... an MP3 audiobook) about a month ago.


Klein's thesis is that crisis is intentionally triggered in a country to implement Neo-Liberal economic policies (later known as the Washington Consensus.)


While the merits of Neo-Liberal economics is disputable, there are many more examples of the implementation of these economic policies without a crisis taking place. Moreover, one of the countries that she cites is China after the Tienamen Square incident. China's economy is a hybrid of Neo-Liberal and Keynesian-like economic theories and doesn't fully adhere to the "Washington Consensus."


The best explanation to the change of a countries economy after a crisis or disaster is that the economy is the primary focus by a country's citizenry to recover from a disaster or crisis ... hence the famous quote, "It's the economy stupid."