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View Diary: Book Review: Naomi Klein's "The Shock Doctrine" (208 comments)

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  •  But Klein and other critics of neoliberalism (8+ / 0-)

    Would point out that free market economics robs societies of the tools to fight back when corruption is produced from "efficient markets."

    One also has to ask when an efficient market has ever been created outside of government. Or for that matter when a market has ever existed outside of government.

    I'm not part of a redneck agenda - Green Day

    by eugene on Sun Oct 14, 2007 at 04:50:51 PM PDT

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    •  Or if either has ever been w/o corruption. Like (2+ / 0-)
      Recommended by:
      eugene, PsychoSavannah

      all of this discussion, it is a matter of degree, and what is acceptable. I think this is why some people call the field of economics more of an art than a science.

      "Americans can always be counted on to do the right thing...after they have exhausted all other possibilities." -- Winston Churchill

      by Spud1 on Sun Oct 14, 2007 at 04:53:57 PM PDT

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    •  Barter economies (3+ / 0-)

      are, by definition, optimally efficient. And they existed long before government did.

      "The great lie of democracy, its essential paradox, is that democracy is first to be sacrificed when its security is at risk." --Ian McDonald

      by Geenius at Wrok on Sun Oct 14, 2007 at 04:56:43 PM PDT

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      •  There is an interesting sci-fi short story (Poul (1+ / 0-)
        Recommended by:
        PsychoSavannah

        Anderson??) in which people, instead of using money to buy things, try to plant obligations ("obs") on others, i.e. to make them beholden.

        It's a fascniating way to look at how labor and wealth con be exchanged, and how different people act when instead of trying to TAKE something from someone, they are trying to GIVE. It is often humorous how characters int he story decline and duck such "offerings".

        "Americans can always be counted on to do the right thing...after they have exhausted all other possibilities." -- Winston Churchill

        by Spud1 on Sun Oct 14, 2007 at 06:21:10 PM PDT

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