The Shock Doctrine.
by matttbastard and Sarah J
We’re watching the collapse of capitalism in real time, slow motion.
The economic crisis was largely the result of a vast speculative bubble, one that inevitably had to burst, and those in charge of U.S. and global economic policy knew this, but did nothing to prepare for the impending crisis. The effect was magnified thanks to a deliberate ongoing campaign of ideologically-motivated deregulation for the sake of deregulating. In other words, this didn’t just happen in a vacuum. It didn’t sneak up. It was very much deliberate.
Naomi Klein’s book The Shock Doctrine details exactly how we got to this point. The book came out in 2007, but right now serves as kind of a ‘how did we get here,’ with ‘here’ being the new Depression.
It’s a fairly well-known and well-read book in progressive circles, and yet neither Sarah nor I had read it yet. With the bottom falling out of the economy, and inspired by Erik and Rob’s posts on From Colony to Superpower, we decided not just to read the book, but to blog it, reading chapter by chapter, in two places, to see what we each draw from it.
Reading The Shock Doctrine allows us to examine a series of cataclysmic events that have occurred over the past 50 years, so we can hopefully avoid repeating the same mistakes (or allowing the same warped, Utopian ideals to usurp the public debate).
Most importantly, to prevent the same tactics from being applied now, in the wake of the biggest global economic shockwave yet.
Because the more we read, the more imperative we think it is to tie Klein’s thesis and investigations into what’s happening right now, as Friedmanite ideologues continue to preach the doctrine of deregulation and tax cuts as panacea.
So, starting tomorrow, we’ll have posts up once a week, mine here, Sarah’s at Alterdestiny. We agree on lots of things, but come from different backgrounds and areas of expertise, so I’m hoping we’ll be able to draw different readings of the book. We’re inviting all of you, whether you’ve read the book or not, to join in the discussion, and hope we can cross some of our audiences back and forth and gain some insight into the global economic mess.
(x-posted @ Alterdestiny)
Quote of the Effing Century (Or, On the Original Stimulus Package)
by matttbastard
I rather adore the willy. In fact, when these long, drawn-out discussions about sex happen on radical feminist sites, I sometimes find the urge to hop in, scream “I LIKE DICK!” and run away, giggling like a third-grader. The fact that I haven’t done so is a testament to my general self-restraint and, uh, amazing level of maturity. Or something.
- Natalia Antonova, who, btw, is made of pure, undiluted WIN (and infinite maturity. Or something.)
h/t Sarah J via email
I don’t think wingnuts should be anywhere allowed blog.
by matttbastard
DRJ, squatting at Patterico’s pad, plops out this wet, stinky turd-like nugget of what passes for insight deep in the bowels of Outer Wingnuttia, regarding Joe the Plumber War Correspondent’s recent, um, statement on the SCLM and its uber-treasonous war coverage:
I know this drives liberals crazy — they think we’re rednecks. Maybe we are but I love this guy.
No, we actually think you’re an idiot. The fact that you unabashedly “love this guy” (and have apparently deluded yourself into believing that the Left is collectively pissing its Chinos over the subliterate fauxpulist wisdom of Samuel Joseph Wurzelbacher) perfectly illustrates precisely why we think you’re an idiot–and why you and your fellow travellers are all now irrelevant.
Jon Swift and the Best Posts of 2008
by matttbastard
It wouldn’t be year end review time without Jon Swift’s annual survey of 2008′s best blog posts, culled from his huge-ass blogroll and chosen by the bloggers themselves (including yours truly). I can’t think of a better way to spend the first day of 2009 than working your way through the many truly excellent selections highlighted by Swift. Many thanks to Jon for once again taking the time to do this, especially considering the inevitable crunch posed by the always-busy holiday season.
On an entirely separate note, my sincere condolences to Bill Wolfrum of Shakesville and Shakesquill following the recent passing of his mother. Bill has extensively and eloquently chronicled her journey with cancer, posts that provide a moving testament to her indomitable spirit and the love they shared. So, in hindsight, perhaps there are two essential reading assignments to kick off the new year.
Finally, a picture of my cat snoozing, just because:

Happy New Year, everyone.
Jane Says
by matttbastard
Like Atrios, I’m not at all thrilled at the prospect of a legacy appointment to the Senate, especially someone who has never run for elected office. But Jane Hamsher’s recent irony-free HuffPo missive is a classic example of doin it rong:
It seems Caroline Kennedy has decided she’d rather have a US Senate seat than a pony for Christmas[...] Really? She’s “making calls this morning to alert political figures to her interest?” I guess it was either that or get her nails done.
Yes, because the only way one could possibly express opposition to dynastic appointments and elitism in Congress is to blow sexist dogwhistles. Unless your name is Glenn Greenwald, of course. Or Chris Bowers.
Well, I’m sure they’ll both make sure to include crude gender-based stereotypes in future posts.
Jeff Fecke makes an obvious but important point:
If this were Jim Kennedy, would you suggest he was getting a manicure, asking for a pony? Of course not. You might pick out other symbols of idleness, but those quintessentially feminine grace notes would be left out. It’s not enough to suggest Kennedy isn’t a good pick for the seat — she has to be derided as idle and, most damningly, an idle woman.
Bint goes one step further, noting the lack of self-awareness in Hamsher’s chosen line of criticism:
I just love when privileged, white Americans like Hamsher try to pretend as if they have any idea what it’s like to be a part of the world’s “unwashed masses”.
Isn’t it funny that this article was written by the same person who also once wrote:
We should all be grateful she didn’t put Kennedy in blackface.
Related: Louise Slaughter for Senate!










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