Naomi Klein on the "Shock Doctrine"

Apologies for the repeat, but I think Klein's insights are of critical importance, and too few people are aware of them.

We've already seen "shock therapy" administered following the Iraq invasion and Katrina; next is the rapidly unfolding financial crisis in the U.S.

The crisis probably would not have happened if we hadn't previously allowed conservative forces to dismantle much of the regulatory protections put in place after the Great Depression, such as Glass-Steagall, S&L regulation, and adequate funding for bank regulators and the SEC.

Instead of restoring those protections, of course, the Bush administration is already using the financial crisis as an excuse for rolling out radical new changes; see, e.g., here and here.

Not worried enough yet to act? "As journalist Naomi Klein so succinctly put it, when the next administration takes over the White House, they’ll find it empty. Agencies that might have dealt with the blowback from two pre-emptive wars and the current economic crisis are no longer functional. . . . From the Gipper to BushCo, the dissolution of our social contract has transformed the United States from an imperfect union to a ruined [I'd say, looted] corporation. Its engineers will not relinquish the power – or the money – they have taken from us." (From OpEdNews.) And that's just the beginning of what Klein's pieced together.

If we don't understand her insights, we're sitting ducks. The video is just over 8 min. Please watch it and share it.