Damon W. Root | May 20, 2008
Following up on Michael Moynihan's post on Johan Norberg's takedown of anti-globalization polemicist Naomi Klein and her book The Shock Doctrine ("hopelessly flawed at virtually every level"), I noticed (via Arts & Letters Daily) the following in the midst of an otherwise very favorable review of the book in the latest Dissent:
Klein's depiction of a monolithic class of politico-corporate elites is not tailored for every political situation. It is not particularly helpful for recognizing and exploiting the differences between Clintonian "free traders," Republican realists, and neocon fundamentalists. It provides little guidance for understanding what to make of it when the Weekly Standard opposes permanent normal trade relations with China, a key goal of corporate globalists, on human rights grounds. Nor does it allow for distinctions between different sectors of capital-recognizing, for example, that the interests of the vast tourism industry (which is currently furious about how Bush's War on Terror has adversely affected its business) may not be the same as those of Halliburton. Finally, it denies out of hand that religious conviction or nationalism, independent of commerce, might be forces in influencing Bush administration policy.
I suppose Klein's refusal to differentiate between free trade and corporate welfare isn't the gravest of her sins, but its still nice to see somebody on the left call her out for it.
More reason dissent on Klein's slipshod work here, here, and here.
Help Reason celebrate its next 40 years. Donate Now!
Try Reason's award-winning print edition today! Your first issue is FREE if you are not completely satisfied.
hopelessly flawed at virtually every level
That pretty much sums it up for Ms Klein
It's the damn corporate welfare/regulatory favors thing that
distorts the view of Laissez-faire. If we didn't have that damn
monkey (tuesday) on our back, we'd have a much easier time
explaining the benefits of a free market.
How do we fix it? Regulate more? Pursue tougher anti-trust
laws?
No.
Take away the power of politicians to grants such favors, and the
market will work itself out.
I vote take away power of politicians to grant such favors AND pursue tougher anti-trust laws. No need to choose taktix here.
I have read Mrs. Klein's "No Logo," which was another
anti-capitalist book. However, I actually liked in with regard to
the philosophy of commodities and culture.
She published it in 2000, so she must have been working on it
starting about a decade ago. At that point, the ability of the new
globalized capitalism to tolerate niche cultures and markets was
much less obvious. When Klein talks about 'megaindustry'
steamrolling all cultures into one and curtailing our choice, she's
actually talking about a highly regulated globalization that
pretends to be much more free-market than it is. It's her mistake
for not realizing that eventually such huge things will be
undermined and that while a handful of companies may control 70% of
the market, that leftover 30% is where the amazing diversity and
innovation really start to happen.
I vote take away power of politicians to grant such favors
AND pursue tougher anti-trust laws.
Uh, Dave, do you really not see how tougher anti-trust laws are
just another way for politicians to grant favors?
Site comments/questions:
Media Inquiries and Reprint Permissions:
(310) 367-6109
Editorial & Production Offices:
3415 S. Sepulveda Blvd.
Suite 400
Los Angeles, CA 90034
(310) 391-2245