Beyond my requisite Women’s Studies viewing of Marilyn Waring’s Who’s Counting: Sex, Lies and Global Economics (which is kick-ass), I hate economics. Economy talk makes me mad. It’s because pundits talk about it as if it’s something more precious than life itself. Same with the market. Or capital. I like my political talk to start and end with living beings and their rights to live, work, and die with dignity.
Ok, ok, I’m also intimidated by economic talk - even with university courses in macro and microeconomics under my belt. It’s been a long road to realizing that my lack of confidence isn’t just my own personal failing, but this feeling is rooted in the way that economic theory is purposefully held outside the reach of ordinary people. We are led to believe that the economy is a precious stone that can only be handled by a few experts.
My friends and I have been trying to talk through the big news from Wall Street this week on the proposed (and now failed) government-led bailout of the US economy. None of us feel capable to explain it, or understand it. How can anyone even think about allocating $700 billion to the very crooks who created this whole mess?
Lucky me, my union local gave me a free ticket to go see Naomi Klein talk about her new book The Shock Doctrine: The Rise of Disaster Capitalism last night. This post is mostly a synopsis of her talk, which is also available as an audio file, if I manage to get you intrigued.
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