Shock Doctrine
This document was uploaded by user and they confirmed that they have the permission to share it. If you are author or own the copyright of this book, please report to us by using this DMCA report form. Report DMCA
Overview
Download & View Shock Doctrine as PDF for free.
More details
- Words: 257
- Pages: 5
Shock Doctrine
Disaster Capitalism • Only a Crisis actual or perceived produces real change -Milton Friedman Famous 20th century economist
•
He Proposed radical new ideas to promote “free-market fundamentalism” in economies – Abolishing all trade barriers “Free Trade” and – Cut Backs on government spending and no state intervention in markets. – Privatization of key industrial sectors.
• •
But his ideas faced severe opposition around the world. So to implement such widely opposed policies he proposed that “ The best time to implement such policies is when an economy encounters actual or perceived shock”
Some Of the Historic events of our century and their outcomes… • Coups in Chile 1973 Public spending cut by 50%, 80,000 imprisoned, incomes of the rich up by 83%, 45% Population in poverty.
• Falklands War 1982 Margret Thacher privatizes Gas, Steel, Airlines and Telephone. Declares War on Unions
• Massacres in China 1989 China imposes $1/Day Labour Rate.
• Russia 1993 Boris Yetslin attacks Russian Parliament. All Opposition arrested 17 Billionaires created and 72 million people imporvished
Some Of the Historic events of our century and their outcomes… • Terrorist Attacks on America 2001 Launches “Most Privatized War” $130 Billion contracts given to private contractors.
• Iraq Invasion 2003 US decrees 200 Iraqi companies will be privatized. Oil contracts given to Shell and British Petroleum.
• Natural Disaster Sri Lanka 2004 35,000 Dead. Fishermen not allowed to occupy and build homes at coastlines. Beaches and coastline privatized and handed over to Private
Hoteliers.
D:\Movies\Short Flims\The Shock Doctrine\The Shock Doctrine.mpg
Disaster Capitalism • Only a Crisis actual or perceived produces real change -Milton Friedman Famous 20th century economist
•
He Proposed radical new ideas to promote “free-market fundamentalism” in economies – Abolishing all trade barriers “Free Trade” and – Cut Backs on government spending and no state intervention in markets. – Privatization of key industrial sectors.
• •
But his ideas faced severe opposition around the world. So to implement such widely opposed policies he proposed that “ The best time to implement such policies is when an economy encounters actual or perceived shock”
Some Of the Historic events of our century and their outcomes… • Coups in Chile 1973 Public spending cut by 50%, 80,000 imprisoned, incomes of the rich up by 83%, 45% Population in poverty.
• Falklands War 1982 Margret Thacher privatizes Gas, Steel, Airlines and Telephone. Declares War on Unions
• Massacres in China 1989 China imposes $1/Day Labour Rate.
• Russia 1993 Boris Yetslin attacks Russian Parliament. All Opposition arrested 17 Billionaires created and 72 million people imporvished
Some Of the Historic events of our century and their outcomes… • Terrorist Attacks on America 2001 Launches “Most Privatized War” $130 Billion contracts given to private contractors.
• Iraq Invasion 2003 US decrees 200 Iraqi companies will be privatized. Oil contracts given to Shell and British Petroleum.
• Natural Disaster Sri Lanka 2004 35,000 Dead. Fishermen not allowed to occupy and build homes at coastlines. Beaches and coastline privatized and handed over to Private
Hoteliers.
D:\Movies\Short Flims\The Shock Doctrine\The Shock Doctrine.mpg
