In her groundbreaking reporting over the past few years, Naomi Klein introduced the term "disaster capitalism." Whether covering Baghdad after the U.S. occupation, Sri Lanka in the wake of the tsunami, or New Orleans post-Katrina, she witnessed something remarkably similar. People still reeling from catastrophe were being hit again, this time with economic "shock treatment," losing their land and homes to rapid-fire corporate makeovers.
The Shock Doctrine retells the story of the most dominant ideology of our time, Milton Friedman's free market economic revolution. In contrast to the popular myth of this movement's peaceful global victory, Klein shows how it has exploited moments of shock and extreme violence in order to implement its economic policies in so many parts of the world from Latin America and Eastern Europe to South Africa, Russia, and Iraq.
At the core of disaster capitalism is the use of cataclysmic events to advance radical privatization combined with the privatization of the disaster response itself. Klein argues that by capitalizing on crises, created by nature or war, the disaster capitalism complex now exists as a booming new economy, and is the violent culmination of a radical economic project that has been incubating for fifty years.
In this "clear, provocative" (Boston Globe) New York Times bestseller, Paul Krugman, today's most widely read economist, examines the past eighty years of American history, from the reforms that tamed the harsh inequality of the Gilded Age and the 1920s to the unraveling of that achievement and the reemergence of immense economic and political inequality since the 1970s. Seeking to understand both what happened to middle-class America and what it will take to achieve a "new New Deal," Krugman has created his finest book to date, a "stimulating manifesto" offering "a compelling historical defense of liberalism and a clarion call for Americans to retake control of their economic destiny" (Publishers Weekly).
"As Democrats seek a rationale not merely for returning to power, but for fundamentally changing—or changing back—the relationship between America's government and its citizens, Mr. Krugman's arguments will prove vital in the months and years ahead." —Peter Beinart, New York Times
Here, at last, is an authoritative introduction to history’s most important political document, with the full text of The Communist Manifesto by Marx and Engels.
This beautifully organized and presented edition of The Communist Manifesto is fully annotated, with clear historical references and explication, additional related texts, and a glossary that will bring the text to life for students, as well as the general reader.
Since it was first written in 1848, the Manifesto has been translated into more languages than any other modern text. It has been banned, censored, burned, and declared “dead.” But year after year, the text only grows more influential, remaining required reading in courses on philosophy, politics, economics, and history.
“Apart from Charles Darwin’s Origin of Species,” notes the Los Angeles Times, the Manifesto “is arguably the most important work of nonfiction written in the 19th century.” The Washington Post calls Marx “an astute critic of capitalism.” Writing in The New York Times, Columbia University Professor Steven Marcus describes the Manifesto as a “masterpiece” with “enduring insights into social existence.”
The New Yorker recently described Karl Marx as “The Next Thinker” for our era. This book will show readers why.
Phil Gasper is a professor of philosophy at Notre Dame de Namur University in northern California. He writes extensively on politics and the philosophy of science and is a frequent contributor to CounterPunch.