Comments on: Shock Therapy http://www.republicoft.com/2008/07/10/shock-therapy/ Black. Gay. Father. Vegetarian. Buddhist. Liberal. Fri, 21 Nov 2008 18:39:52 +0000 http://wordpress.org/?v=2.5.1 By: J_day http://www.republicoft.com/2008/07/10/shock-therapy/#comment-183257 J_day Thu, 10 Jul 2008 22:16:23 +0000 http://www.republicoft.com/2008/07/10/shock-therapy/#comment-183257 Naomi Klein is just a shrill socialist who thinks all the world's problems are the result of Capitalism. Not to mention the chicago school of thought is one of the most prestigious and awarded economic philosophies and though I don't agree with them on everything they are far from the evil incarnate Klein would have you believe. What I find laughable is the idea that privatization and deregulation lead to corruption. Socializing industry and regulating a sector to death is where the corruption is. When a politician gets to decide how well a company is doing instead of the market you get massive nepotism and the use of monopoly laws to crush competition. Just look at our despicable sugar quotas and the farm subsidies bill. I suggest you go read some Friedman and some Hayek to balance your view of the free-market. Naomi Klein is just a shrill socialist who thinks all the world’s problems are the result of Capitalism. Not to mention the chicago school of thought is one of the most prestigious and awarded economic philosophies and though I don’t agree with them on everything they are far from the evil incarnate Klein would have you believe.

What I find laughable is the idea that privatization and deregulation lead to corruption. Socializing industry and regulating a sector to death is where the corruption is. When a politician gets to decide how well a company is doing instead of the market you get massive nepotism and the use of monopoly laws to crush competition. Just look at our despicable sugar quotas and the farm subsidies bill.

I suggest you go read some Friedman and some Hayek to balance your view of the free-market.

]]> By: KipEsquire http://www.republicoft.com/2008/07/10/shock-therapy/#comment-183254 KipEsquire Thu, 10 Jul 2008 19:11:36 +0000 http://www.republicoft.com/2008/07/10/shock-therapy/#comment-183254 Re: Klein -- They were probably not IMF and World Bank but rather <a href="http://www.cato.org/dailypodcast/podcast-archive.php?podcast_id=669" rel="nofollow">Cato Institute</a>. Re: Klein — They were probably not IMF and World Bank but rather Cato Institute.

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