Study Guide Midterm 2

Study Guide Midterm 2 - Sarah Scolnic Study Guide for...

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Sarah Scolnic Study Guide for Sociology Midterm 2 Introduction: Radical Transformation, DISASTER CAPITALISM, SHOCK AND AWE MILITARY FORCE Until 1973, Friedman's radical doctrine stayed in his classroom, but all that changed on an earlier September 11. Following General Augusto Pinochet's bloody ascent to power, he had a real life laboratory as advisor to the new Chilean dictator. His prescription came to be known as the "Chicago School" revolution of rapid-fire economic transformation he called "shock treatment," now known as "shock therapy." It's an economic version of "destroy(ing) the village (and country) to save it" from the Vietnam era and nearly as harsh. Everywhere, the scheme is the same: huge public wealth transfers to private hands, exploding public debt most often, "an ever-widening chasm between the dazzling rich and disposable poor, and an aggressive nationalism (like George Bush's permanent "war on terrorism" and the world) that justifies bottomless spending on security." "Inside the bubble" is paradise. Outside, however, is hell with "aggressive surveillance, mass incarceration, shrinking civil liberties," a declining standard of living, and repression and torture reinforcing the message to non-believers. Getting aid meant accepting Washington Consensus rules - the whole package. Shock Doctrine- only a crisis- actual or perceived- produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around. That, I believe is our basic function: to develop alternatives to existing policies, to keep them alive and available until the politically impossible becomes politically inevitable Puts the entire population into a state of collective shock. The falling bombs, bursts of terror and are willing to give up things they would otherwise fiercely protect Disaster Capitalism- “These orchestrated raids on the public sphere in the wake of catastrophic events, combined with the treatment of disasters as exciting market opportunities.” Using moments of collective trauma to engage in radical social and economic engineering Freeing the hand from the Communist Party to convert much of the country into a sprawling export zone, USA creating a booming new industry that breathed new life into the faltering U.S. economy-HOMELAND SEECURITY…it built a new economy and saved the world market from the full-blown recession on the eve of 9/11 Neolibearalism- huge transfers of public wealth to private hands Milton Friedman worked for Reagan- Reagonomics, dreamed of depattening societies, of returing them to a state of pure capitalism, cleansed of all government regulations, trade barriers and entrenched interests * Privatization: “[The government] should sell off any assets they own that corporations could be running at a profit.” * Government deregulation: “The government must remove all rules and regulations standing in the way of the accumulation of profits.” * Deep cuts to social spending: “They should dramatically cut back funding of social programs.”
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Study Guide Midterm 2 - Sarah Scolnic Study Guide for...

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