Johan Norberg: The Record of Liberalization

Naomi Klein's recent book, The Shock Doctrine, points to the cases in which authoritarian regimes liberalized their economies. Johan Norberg, in his recent analysis, "The Klein Doctrine: The Rise of Disaster Polemics," shows that most countries have liberalized over the last three decades and capitalism is given rise to many of the ends that Klein herself would appreciate.

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News & Politics

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• cato
• institute
• johan
• norberg
• naomi
• klein
• shock
• doctrine

[samsamsamm2003]

Yeah free markets are really bad. Just look at what its done to Hong Kong, Taiwan, and South Korea. And it was so horrible when India introduced its only free market reform in its history of existence in the 1990s which led to 300 MILLION PEOPLE being brought out of poverty in a decade. BTW where do you live? Have you ever been to countries like North Korea, Kenya, or Zimbabwe? I have, socialism has really worked for them.

[samsamsamm2003]

I have actually read up on participatory economics and I don't have a problem with consenting individuals living in a system under, I don't personally believe it would work for a bunch of reasons but if individuals want to live under thats cool with me, as long as I can live under my anarcho-capitalist system.

[jpkm123]

@spader49 In fact the issue got even worse on the tax side. The Irish government cut the effective tax rate on the median taxpayer to 4% and basically funded their massive public sector and social welfare budgets on the backs of the construction industry.

[palwe]

all i see here are people writing critiques as if they are writing an essay for marks. competing with one another in a war of sentence structuring on youtube is not big or smart. i have no doubt klein and norberg are both right, to an extent.

[spader49]

@henrythesteinberg The low corp tax rate in Ireland had nothing to do with the recession; the government was taxing and spending too much, coupled with the hubristic, self-righteous and petulant public sector, it created big problems. There was a major problem with the proliferation of sub-prime mortgages. Norberg is the man, he wrote a book on the financial crash, its origins, look it up on youtube, very balanced.

[snukkka]

@henrythesteinberg Wow an intelligent comment that's rare.

[TheDestroyerCrom]

@samsamsamm2003: don't forget about Singapore. And not to mention how India has incredibly tight controls on retail. They don't allow foreign supermarkets, so about 25% of their food is spoiled before it even gets to the retail stores. Imagine how much more they'd improve if they allowed more trade.

[vinndawg91]

If you DONT believe that people should cooperate peacefully with one another. Then you believe in tyranny

[vinndawg91]

People do not voluntary support socialism or participatory economics. They are for the most part forced under that system.

[samm1809]

@samsamsamm2003 they can pool all their money together buy a bunch of farms side by side and start up a commune and see how long it lasts before the all hate eachother XD

[BrettDunbar]

@johnnycbar lol quit crying lololololololloololololol