Product Description

In BLANK IS BEAUTIFUL, Klein explores the deeply-rooted impulse to erase what is inconvenient and start over from scratch. This journey takes her back to two formative experiments in the 1950s, both funded by the U.S. government. One was a covert university research project in Montreal that blanked the minds of psychiatric patients through sensory deprivation and electroshockand became the foundation of torture techniques from Pinochets Chile to Guantnamo Bay.The other was a program at the University of Chicago that turned its economics department into a factory for developing world politicians. Under the tutelage of Milton Friedman, students learned that their countries could be remade as laissez-faire utopiasbut first what was there needed to be wiped clean. Tracing the imposition of these ideas in the decades since, Klein explodes the myth that the global free market triumphed peacefully and democratically. Instead, she argues, it has consistently relied on violence and shock, resulting in the rise of disaster capitalism.

Product Details

• Amazon Sales Rank: #142345 in Books
• Published on: 2007-09-18
• Formats: Abridged, Audiobook
• Original language: English
• Dimensions: .1 pounds
• Binding: Audio CD

From Publishers Weekly
The neo-liberal economic policies—privatization, free trade, slashed social spending—that the Chicago School and the economist Milton Friedman have foisted on the world are catastrophic in two senses, argues this vigorous polemic. Because their results are disastrous—depressions, mass poverty, private corporations looting public wealth, by the author's accounting—their means must be cataclysmic, dependent on political upheavals and natural disasters as coercive pretexts for free-market reforms the public would normally reject. Journalist Klein (No Logo) chronicles decades of such disasters, including the Chicago School makeovers launched by South American coups; the corrupt sale of Russia's state economy to oligarchs following the collapse of the Soviet Union; the privatization of New Orleans's public schools after Katrina; and the seizure of wrecked fishing villages by resort developers after the Asian tsunami. Klein's economic and political analyses are not always meticulous. Likening free-market shock therapies to electroshock torture, she conflates every misdeed of right-wing dictatorships with their economic programs and paints a too simplistic picture of the Iraq conflict as a struggle over American-imposed neo-liberalism. Still, much of her critique hits home, as she demonstrates how free-market ideologues welcome, and provoke, the collapse of other people's economies. The result is a powerful populist indictment of economic orthodoxy. (Sept.)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

From Booklist
Both admirers and detractors agree that the late Nobel Prize laureate Milton Friedman was an extraordinarily influential economist. Canadian Klein assails Friedman's free-market precepts as their exponents have applied them to a series of formerly state-dominated economies since 1975, when Friedman persuaded Chilean dictator Augusto Pinochet to adopt his program. Klein's entirely negative interpretation of the results of "shock therapy" only lays the foundation for her book's thesis: that Friedman's prescriptions require a crisis and are ineluctably bound with the application of violence. This perspective informs her criticism––condemnation, in fact––of reform programs in the last three decades that have aimed to separate the state from the economy in Bolivia, Poland, Russia, China, the UK, and elsewhere. The process of market liberalization, Klein maintains, has created a "disaster capitalism complex," consisting of corporations that thrive on catastrophe; the author particularly arraigns security and logistics firms in the U.S. and Israel. Assiduously researched, energetically expressed, Klein's report bears an ideological perspective that won't leave readers neutral about her economic interpretations. Taylor, Gilbert

Review