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Tag: Disaster Capitalism


Truthdigger of the Week: Jill Lepore

By attacking “one of the most widely cited and celebrated ideas in modern business,” the Harvard historian confirmed that American capitalists have embraced destruction as a method of progress.

Posted on Jul 6, 2014 READ MORE



H.Adam (CC BY 2.0)

How Capitalism Stacks the Deck on Disaster

We think of the financial crisis as a man-made calamity, and Hurricane Sandy as the malignant innocence of nature. But neither the notion of a man-made nor natural disaster quite captures how the power of a few and the vulnerability of the many determine what is really going on at ground level.

Posted on Apr 4, 2013 READ MORE



LINUZ90 (CC BY-SA 2.0)

The Violence of Neoliberalism and the Attack on Higher Education

Higher education must be understood as a democratic public sphere—a space in which education enables students to develop a keen sense of prophetic justice, claim their moral and political agency, utilize critical analytical skills, and cultivate an ethical sensibility through which they learn to respect the rights of others.

Posted on Mar 27, 2013 READ MORE



?ick Harris (CC BY-SA 2.0)

Detroit’s Fiscal Emergency

The governor of Michigan said Friday that the city of Detroit was in a state of “financial emergency” and announced that an independent overseer would be appointed to save it from collapse. However, the proposed solutions, which appear to consist mainly of spending cuts, inevitably mean more pain and suffering for Detroiters.

Posted on Mar 2, 2013 READ MORE



DerrickT (CC BY 2.0)

The Politics of Disimagination and the Pathologies of Power

We live in a time of deep foreboding, one that haunts any discourse about justice, democracy and the future. Not only have the points of reference that provided a sense of certainty and collective hope in the past largely evaporated, but the only referents available are increasingly supplied by a hyper-market-driven society, megacorporations and a corrupt financial service industry.

Posted on Feb 27, 2013 READ MORE



AP/Frank Franklin II

Hurricane Sandy and Disaster Capitalism

Less than three days after Sandy made landfall on the East Coast of the United States, Iain Murray of the Competitive Enterprise Institute blamed New Yorkers’ resistance to big-box stores for the misery they were about to endure.

Posted on Nov 12, 2012 READ MORE



Flickr / PeterJBellis

An Investment Manager Dishes on the Richest

Rarely do we get to hear criticism of the American oligarchy from within the ranks of its crowning institution: the financial services industry. This anonymous author, who handles investments for the wealthiest 1 percent of Americans, takes us on a brief tour of numbers ... (more)

Posted on Jul 20, 2011 READ MORE


Wall Street Socialism Meets Disaster Capitalism

Freddie Mac and Fannie Mae were always more foul than fish, says Robert Borosage, and the bailout announced by the Treasury secretary over the weekend will mean “private speculators, having driven the stock down, will clean up on the upside.”

Posted on Jul 15, 2008 READ MORE


Klein Shock Doctrine
independent.com

The Truthdig Interview With Naomi Klein

Critics and challengers of Naomi Klein’s work had better take a close look at her latest book, “The Shock Doctrine: The Rise of Disaster Capitalism,” before launching their attacks. This is one writer whose research and documentation are so exhaustive that would-be detractors will not only find her analysis to be dauntingly watertight, even if they don’t share her views about the unnatural disasters enabled by free-market capitalism, but they might also discover that some of her source material seems strangely familiar.

Transcript available here.

Posted on Jun 30, 2008 READ MORE


Klein Shock Doctrine
independent.com

The Truthdig Interview With Naomi Klein

Critics and challengers of Naomi Klein’s work had better take a close look at her latest book, “The Shock Doctrine: The Rise of Disaster Capitalism,” before launching their attacks.

Posted on Jun 26, 2008 READ MORE


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