The Business of Shock

December 25th, 2008

In her book, The Shock Doctrine: The Rise of Disaster Capitalism, Naomi Klein delves into the secret history of capitalism, and explains how the “free-market” has expanded by exploiting periods of shock and crisis. She spent years traveling to disaster zones to see how the policies forced through in crisis impact people on the ground, and her insight is particularly valuable in this time of crisis in the US and world economy.

Today, we are in such a time of political upheaval and economic crisis. Just as outlined by Naomi Klein, in this time of shock, large banks and financial interests are trying to push through corporate-friendly policies. Can we somehow break the cycle of shocks with a new administration? This week, Business Matters will explore how the lame-duck Bush Administration and the Federal Reserve are applying a kind shock therapy to the economy, and we’ll spend the hour with the best-selling author of The Shock Doctrine, Naomi Klein.

Listen to the Full Episode | Download MP3

Naomi Klein, Author of The Shock Doctrine | Download MP3

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