Wednesday, June 6, 2012

Shock Doctrine Essay Two




  1. Discuss “The Rise of People’s Reconstruction”.  How does Klein see resistance to the Shock Doctrine?  Analyze this response and discuss your sense of its success or failure.
No Fear

The impact of Milton Friedman’s shock doctrine can easily be seen everywhere it has been implemented. The increasingly wealthy upper class and the increasingly poor lower class are the most visible signs. The shock doctrine key players were incredibly successful, but this success came at a high price. That price is the prevalent loss of faith in free-market capitalism and a yearning for justice.
For many years, Friedman and his followers managed to hold onto a respectable reputation. It took several economic invasions and a towering amount of disparity-creating legislation for this to change. They eventually lost the respect that they so desperately clung onto, as their evil intentions were revealed. Key players from the scandals were faced with charges and jail time, and the neocon movement lacked leadership after Friedman’s death.
Friedman’s central claim which he based his shock theories on is that “capitalism and freedom are part of the same indivisible project” (Klein; p.565). The possibility that people could demand the combination for more control over the markets and stronger democracy would therefore be the largest threat to his legacy. That is exactly what has begun to happen in exploited countries around the world. The fear that was instilled with disaster and war took time to wear off, but now people have begun to revolt. The most evident changes can be seen in Latin America because they have had the most time to recover. Nation leaders in South America have teamed together to abolish Friedman’s strategies from the continent. To do this they have been working to nationalize natural resources and gain economic independence from the International Monetary Fund, the World Bank, and the World Trade Organization; tools of Friedman and his Chicago boys. Not only is recovering from previous shocks taking place, but the world has also learned from situations and is becoming shock resistant.
Shock resistance can be seen in the recovery of many recent disasters. One of such was the 2004 tsunami of Southeast Asia. Although many coastal areas did not resist the invasion of foreign investment, some did. The exploitation plans partially failed; as some villages in Thailand reclaimed their property from the developers. Also, they did not settle for handouts, but demanded that their aid come in the form of tools so that they could reconstruct their own village. This undermined the very essence of the shock doctrine strategy. These villages set a powerful example for others. Leaders in New Orleans used them as a model after hurricane Katrina, helping some of the lower class regain what was rightfully theirs. As time rolls forward, the world can only become more aware and distrusting of the shock methods.
Klein ends The Shock Doctrine on an optimistic note. With increasing awareness and resistance, an end can be put to the neoconservative shock doctrine theories. The process of its demise has already begun. The entire globe has been severely altered by the shock doctrine, but it has not gone unnoticed.  People worldwide have stopped believing in the free-market and are resisting shock.  These people are helping elect better leaders and create better political and economic systems in their countries. There is more attention being put on nationalization, social services, and lessening the disparity between the classes. Most importantly, many people have realized that free enterprise does not coincide well with freedom, democracy, and equality.