Naomi Klein-Wall St. Crisis should be end of Neoliberalism-1/5

Naomi Klein: Wall St. Crisis Should Be for Neoliberalism What Fall of Berlin Wall Was for Communism

As the world reels from the financial crisis on Wall Street and the taxpayer-funded $700 billion bailout, we spend the hour with Naomi Klein on the economy, politics and disaster capitalism. The Shock Doctrine author recently spoke at the University of Chicago to oppose the creation of an economic research center named after the Universitys most famous economist, Milton Friedman. Klein says Friedmans economic philosophy championed the kind of deregulation that led to the current crisis. [includes rush transcript]

Category:

News & Politics

Tags:

• naomi
• klein
• wall
• street
• bailout
• neoliberalism
• marxism
• shock
• doctrine
• democracy
• now

[OrgonVpH7]

Neoliberalism (global free flow of capital) allowed rapid international expansion of corporations. That's why today we don't have a solid national state to defend the rights of human individuals. We have corporatism, which defends the rights of corporate personhood statute.

A kind of global fascist technocorporatism is forming now, and their intentions are well known: UN Agenda 21.

[procraft]

What is all this bullshit. I haven't heard so many strawman arguments in such a short time before. Woah...

[HoGraz]

@bonfirejovi Do you even know what Socialism is?

[FleshMob]

This woman has BALLS!

[spkilledme]

Some viewers are still having trouble comprehending her message, I see. Too bad, she does such a good job of breaking it down for you.

[speggy]

the first woman talking is perhaps thee most irritating accent/voice/tone i have ever heard!!!!!!!!!!!!

[jereuter01]

Naomi Klein is a genius! Truth to Power! Thanks for posting this extremely illuminating speech. I read her book and it distilled what I had been vaguely aware since I graduated from college back in '72. The blind worship of Neoclassical economic theory is also responsible for the 2010 5-4 U.S. Sup.Ct. decision that recognizes corporation personhood - United Citizens (Orwellian-speak) v. Federal Election Commission.

[bonfirejovi]

@govspysonallchats No that is corporatist policies actually, although it is better than socialism where everyone becomes poorer.

[bonfirejovi]

@KendrickJ2 Exactly, corporatism and socialism have more in common than corporatism and capitalism do as the former both involve government intervention.

[bonfirejovi]

@KendrickJ2 Government stooges like Klein can only argue using talking points. It is amazing how uninformed and arrogant her audience is, they don't even bother reading the other side of the argument.