Naomi Klein Helping Me UnLearn What I Learned in Business School: "I’m less than a third of the way through Naomi Klein’s brilliant book, The Shock Doctrine: The Rise of Disaster Capitalism, but it’s already giving me a new perspective on my years of graduate work in business school.
Klein talks about the argument made by Nobel-prize-winning economist Milton Friedman, that free-unfettered capitalism is the key to bringing all economic indicators in line, leading to a humming economy. Part of the allure of all economic theories, of course, is their ability to express their theories in terms of mathematical formulas. We have a tendency in the West, to think that numbers bestow reality on assertions. But Klein points out that Friedman implied that his free market theories had the strength of natural law."
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1Comments:
Hello,
http://tnr.com/politics/story.html?id=69067f1c-d089-474b-a8a0-945d1deb420b&p=1
Before you throw your business degree out the window, check out the New Republic's review of Klein's book. Unlike me, they are sympathetic to her cause. But they are horrified by her selective use of facts, non-facts, and by her sloppy logic.
And Milton Friedman opposed the war in Iraq, BTW.
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