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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."
Last edited by Firestaller; 01-03-2008 at 03:21 AM.
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