A Conservative Economy

In the last entry I examined the “shock doctrine,” in Naomi Klein’s phrase, as a method of perhaps explaining some recent actions and behaviors by people in power. My conclusion was that shock doctrine/disaster capitalism is an attempt at what I call “neoliberal sustainability”: their methods often unleash disaster on nations following their principles, and they then profit from the resulting chaos, be it social, economic, or ecological. I pointed out that their raw materials — the environment, their workers, or both — would eventually lash back against them. Their version of sustainability really isn’t, because while they can dance for a long time, the planet is an island, presently inescapable.

What is our alternative? Continue reading