“protected businesses never, never become competitive ... Halliburton, Bechtel, Parsons, KPMG, RTI, Blackwater and all other U.S. corporations that were in Iraq to take advantage of the reconstruction were part of a vast protectionist racket whereby the U.S. government had created their markets with war, barred their competitors from even entering the race, then paid them to do the work, while guaranteeing them a profit to boot - all at taxpayer expense.”
― The Shock Doctrine: The Rise of Disaster Capitalism
― The Shock Doctrine: The Rise of Disaster Capitalism
“A clique of nouveaux billionaires, many of whom were to become part of the group universally known as "the oligarchs" for their imperial levels of wealth and power, teamed up with Yeltsin's Chicago Boys and stripped the country of nearly everything of value, moving the enormous profits offshore at a rate of $2 billion a month. Before shock therapy, Russia had no millionaires; by 2003, the number of Russian billionaires had risen to seventeen, according to the Forbes list.”
― The Shock Doctrine: The Rise of Disaster Capitalism
― The Shock Doctrine: The Rise of Disaster Capitalism
“In other words, if you looked up at the end of 1945 and saw a U.S. flag overhead, odds are that you weren’t seeing it because you lived in a state. You were more likely colonized or living in occupied territory.”
― How to Hide an Empire: A History of the Greater United States
― How to Hide an Empire: A History of the Greater United States
“After every one of these profit frenzies come the promises: next time, there will be firm laws in place before a country's assets are sold off, and the entire process will be watched over by eagle-eyed regulators and investigators with unimpeachable ethics. Next time there will be "institution building" before privatization (to use the post-Russia parlance). But calling for law and order after the profits have all been moved offshore is really just a way of legalizing the theft ex post facto, much as the European colonizers locked in their land grabs with treaties. Lawlessness on the frontier, as Adam Smith understood, is not the problem but the point, as much a part of the game as the contrite hand-wringing and pledges to do better next time.”
― The Shock Doctrine: The Rise of Disaster Capitalism
― The Shock Doctrine: The Rise of Disaster Capitalism
“in moments of crisis, people are willing to hand over a great deal of power to anyone who claims to have a magic cure—whether the crisis is a financial meltdown or, as the Bush administration would later show, a terrorist attack.”
― The Shock Doctrine: The Rise of Disaster Capitalism
― The Shock Doctrine: The Rise of Disaster Capitalism
Reading with Comrades
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