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Disaster Capitalism
The Rachel Maddow Show :
Amid mounting public pressure and calls for restructuring from The Nation, the IMF turns its $100 million loan to Haiti into a grant.
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Disaster Capitalism
Jeremy Scahill:
Private firms are jumping at the opportunity to provide 'humanitarian assistance' to Haiti, but what these companies are actually bringing is a 'Shock Doctrine' approach that aims to profit from disaster.
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The Nation's Naomi Klein and William Greider returned to
Charlie Rose on Monday, May 11th. The award winning journalists discussed the financial crisis and economic bailout. On the bailout, Greider remarks in the interview, "The moral question is, do we try to fill the balance sheets of those institutions that led this public debacle with public money, and my answer is no." Klein adds, "The choice is not between doing nothing and this model, the choice is what are the range of options and we should still be debating because all of the money hasn't been handed out yet." Greider,
The Nation's National Affairs Correspondent is author of
Come Home, America. Long time Nation columnist Klein is author of
The Shock Doctrine.
--Madeleine Kuhns
Check out more great Nation videos on our YouTube channel.
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