Impact on global economy from "summary" of The Shock Doctrine by Naomi Klein
The shock doctrine is a strategy that has been employed by various powerful entities to exploit moments of crisis and disaster to push through policies that would never be accepted under normal circumstances. This approach has had far-reaching consequences, particularly on the global economy. In the wake of disasters such as wars, natural calamities, or economic crises, the shock doctrine is often employed to implement radical free-market policies. These policies include deregulation, privatization, and austerity measures that benefit corporations and the wealthy at the expense of the general population. The impact of the shock doctrine on the global economy has been profound. By exploiting moments of crisis, powerful entities have been able to push through policie...
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