Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

erronis

(21,972 posts)
7. Yup - Bessent just wanted to get enough US$ into Argentina so his wealthy buddies could pull out.
Mon Nov 17, 2025, 06:40 PM
8 hrs ago

There's something about Milton Friedman and his rapist economics as detailed by Naomi Klein in Shock Doctrine.

The Shock Doctrine: The Rise of Disaster Capitalism is a 2007 book by Canadian author and social activist Naomi Klein. In the book, Klein argues that neoliberal economic policies promoted by Milton Friedman and the Chicago school of economics have risen to global prominence because of a deliberate strategy she calls "disaster capitalism". In this strategy, political actors exploit the chaos of natural disasters, wars, and other crises to push through unpopular policies such as deregulation and privatization. This economic "shock therapy" favors corporate interests while disadvantaging and disenfranchising citizens when they are too distracted and overwhelmed to respond or resist effectively. The book challenges the narrative that free market capitalist policies have been welcomed by the inhabitants of regions where they have been implemented, and it argues that several man-made events, including the Iraq War, were intentionally undertaken with the goal of pushing through these unpopular policies in their wake.

Recommendations

10 members have recommended this reply (displayed in chronological order):

The IMF affair is turning into a scandal... [View all] BlueWaveNeverEnd 9 hrs ago OP
trmp does not believe in America's laws. Never has, never will. spanone 9 hrs ago #1
Laws are for 'suckers and losers' PatSeg 7 hrs ago #15
Even "enforcing" laws that weren't even broken. rubbersole 6 hrs ago #20
Yep, making it up as he goes PatSeg 4 hrs ago #22
After 40 Billion...how low will ge go? n/t Paper Roses 9 hrs ago #2
From the Buenos Aires Times: 'Bessent steps in to protect profits of friendly investors in Argentina' sop 9 hrs ago #3
Yup - Bessent just wanted to get enough US$ into Argentina so his wealthy buddies could pull out. erronis 8 hrs ago #7
Important book. My dad, then in his eighties, bought each one of his five adult children a copy. summer_in_TX 3 hrs ago #23
Thank you for this. BattleRow 8 hrs ago #8
Anyone have an account with the Finacial Times? progressoid 8 hrs ago #4
No, but it is archived here. erronis 8 hrs ago #9
Thanks! progressoid 8 hrs ago #11
Kick and recommend for visibility. While bronxiteforever 8 hrs ago #5
His army, his lawyers, his money. Buddyzbuddy 8 hrs ago #6
He is getting money himself from these things JI7 8 hrs ago #10
Everybody is afraid to stand up to him. Hotler 8 hrs ago #12
Lawless New Nazi is Stealing Hundreds of Millions $$$$ from Cha 8 hrs ago #13
Why doesn't he just fucking die? Orrex 8 hrs ago #14
Hey look on the bright side... Moostache 7 hrs ago #16
It's actually rather simple..... The administration is just a bunch of fucking crooks. ashredux 7 hrs ago #17
I bet money has been disappearing since DOGE broke in and their draining accounts everywhere Bread and Circuses 7 hrs ago #18
Just can not NOT do crime Six117 7 hrs ago #19
You are so old school. Congress had to approve when we were a nation of laws. SCOTUS told Trump flashman13 5 hrs ago #21
Got to ask . . . Aussie105 11 min ago #24
Latest Discussions»General Discussion»The IMF affair is turning...»Reply #7