![]() ![]() ![]() Now free-market economics is dominant, the doctrine has spread to most of the globe and private companies are able to make millions more than they used to. What happened next was that the shock doctrine espoused by these economists was thrust upon countries such as Chile despite the voters there voting in a left-wing government. They put forward their ideas for the solution to the stagflation crisis which had befallen the world. Keynesian economics ruled the roost and those who advocated for the free-markets, such as Milton Friedman, were outsiders.ĭuring the economic crises of the 1970s, free marketers seized their opportunity and pounced. ![]() It’s hard to imagine but free-market economics used to be on the periphery of the debate. I was vaguely aware of some of the history in the book, I had come across some of it while studying history, but I didn’t know about it in depth. It’s safe to say that this book blew my mind. The book looks at the history of shock therapy and how it dovetails with disaster capitalism to subvert the democratic wishes of the population. The Shock Doctrine is one of the most interesting books I have ever read. ![]()
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