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Community Development Journal Advance Access originally published online on August 12, 2008
Community Development Journal 2008 43(4):508-510; doi:10.1093/cdj/bsn030
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© Oxford University Press and Community Development Journal. 2008 All rights reserved. For permissions, please email: journals.permissions@oxfordjournals.org

The Shock Doctrine: The Rise of Disaster Capitalism

Peter Wells

Centre for Regional Economic and Social Research, Sheffield Hallam University

email: p.wells@shu.ac.uk

Naomi Klein, Penguin, London, 2007, 558 pp., ISBN 978-0-713-99899-3, £25.

The first 10% of the full text of this article appears below.

The Shock Doctrine is a critical review of the use and consequences of free-market economics. It takes its title from the application of Shock Therapy as a means to bring economic transformation, Shock and Awe, the military strategy of Donald Rumsfeld used in the invasion of Iraq, but also elsewhere, and of electric-shocks and the use of torture to sustain authoritarian governments. There are two recurring themes which run through the book: the allying of rapid free-market reforms as advocated by Chicago School economists, and specifically Milton Freedman, to authoritarian state strategies; and, contrary to free-market reforms, the rise of the corporate state and in . . . [Full Text of this Article]


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