Naomi Klein Discusses Wall St Crisis and ‘Disaster Capitalism’

Naomi Klein Discusses Wall St Crisis and ‘Disaster Capitalism’

Naomi Klein Discusses Wall St Crisis and ‘Disaster Capitalism’

The Nation‘s Naomi Klein discusses how Christmas came early for Wall Street this year–and we’re paying the bill.

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Naomi Klein, author of The Shock Doctrine and Nation columnist, discusses how Christmas came early for Wall Street this year, producing a miraculous bailout, which wasn’t so miraculous since it was footed by tax payers. Sparring with Andrew Sullivan over free-market ideology and who’s responsible for the current financial crisis, Klein points out the right wing’s dependence on “disaster” to push through unpopular policies such as privatizing social security.

Erica Landau

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