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Nov 18, 2008

The Record of Liberalization

Naomi Klein’s recent book, The Shock Doctrine, points to the cases in which authoritarian regimes liberalized their economies. Johan Norberg, in his recent analysis, “The Klein Doctrine: The Rise of Disaster Polemics,” shows that most countries have liberalized over the last three decades and capitalism is given rise to many of the ends that Klein herself would appreciate.