As the world economy crumbles, a combination of corporate high finance is moving to consolidate power – as they do in any emergency.
Naomi Klein explains her new book “Shock Doctrine, The Rise of Disaster Capitalism” – in the light of our current economic meltdown. Suddenly, the trillions givens to major banks and investment gamblers begins to make sense.
Naomi spoke to an enthusiastic audience in Santa Cruz, California on October 17th, 2008. Through the magic of non-profit radio, the speech and Q and A session are rocketing across the country, and around the world. It was all recorded by Radio Free Santa Cruz – a bastion of alternative radio, available 24/7 at www.freakradio.org My thanks to Skidmark Bob for this recording.
As the speech went well over an hour, followed by another half hour of questions and answers, I have dared to draw out:
* the recording of her new film clip
* Klein’s theory of Disaster Capitalism, updated for today’s times
* the conclusion of the speech, and
* three answers from the Q and A – on what we can do now.
This is one of the most exciting speeches, in a season of barn burners. Apparently, when the system cracks open, our brightest minds are inspired. Naomi Klein, author of “No Logo” and film-maker, is one of them.