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December 01, 2008 09:36PM
http://carolynbaker.net/site/content/view/877/1/

OBAMA REVITALIZES DISASTER CAPITALISM: THE SHOCK DOCTRINE RECEIVES A MAKE-OVER, By Carolyn Baker

Since many months before the November election, Truth to Power has been researching and informing readers regarding the fundamental underpinnings of Barack Obama's agenda and his likely appointments in the areas of economic, foreign policy, and energy issues. Not only have I written several pieces on the topic, so have a variety of other researchers. In reviewing our reporting, what has remained consistent and therefore validates it, is Obama's adherence to neoliberal, globalist policies couched in the rhetoric of "change" but offering no substantial departure from the ultimate strategies of imperialism, corporate capitalist supremacy, and almost total ignorance (or ignore-ance) of the energy and environmental suicide perpetuated by endless growth.

Some would argue that the United States government is somewhat like a sophisticated 747 airliner, the controls of which cannot simply be turned over to individuals who have no knowledge of flying but must be steered by experts who have only earned such a title by way of their expertise as former airline pilots. Thus, the argument goes, we should not criticize Obama for his appointments, particularly before he even takes office and concretely demonstrates his commitment to the perpetuation of the status quo. I will return to this notion below, but first, a look at what I consider one of the most stunning pieces of research so far in the twenty-first century, Naomi Klein's The Shock Doctrine: The Rise of Disaster Capitalism. I cannot recommend Shock Doctrine highly enough for a multi-layered understanding of the origin, evolution, and likely outcome of disaster capitalism.............

............Post-Election Comments By Naomi Klein

Appearing on Democracy Now on November 25, Klein wasted no time taking to task Larry Summers, former Clinton Secretary of the Treasury, whom Obama has just appointed Director of the White House National Economic Council. According to Klein, Summers has embraced "the three ‘ations', and those were privatization, stabilization, and liberalization. So he has been preaching the [shock] doctrine. He is by no means an innocent bystander. He is a dyed-in-the-wool privatizer and free trader."

Klein has also spoken out loudly about Obama's new Treasury Secretary, Timothy Geithner and Robert Rubin who, although not appointed to a cabinet post in the Obama administration will continue as an economic advisor. We shall consider the backgrounds of Geithner and Rubin below, but first, a troubling statement by Klein in the Democracy Now interview regarding the role of Clinton administration Democrats in the origins of the current economic collapse:

Part of what causes the situation that seems to be very disappointing appointments is the fact we of not been honest about the legacy of the Clinton years. So much misinformation was spread during the election campaign, because it was a nice message to present the nineties as these wonder years in contrast to the Bush years. That is exactly what created the situation where you could have Summers being presented as the wise man instead of going down with Alan Greenspan. When Alan Greenspan's reputation was raked over the coals, it should have Rubin and Summers along side him.

In an October 16 interview, Klein exposes the role of Robert Rubin standing beside Alan Greenspan in promoting the de-regulation that helped create financial meltdown. In fact, summarizing her rant, Klein blatantly states, "I want him thrown under the bus."

And so once again we must ask: What if Bush did it? And like Chris Floyd, Klein has had the courage to ask the question, albeit using different language.

University of Ottawa Economics Professor, Michel Chossudovsky's November 9 article asks "Who Are The Architects of Economic Collapse" and offers a litany similar to Klein's of the key players in Obama's economic entourage. Chossudovsky notes that:

Timothy Geithner is CEO of the Federal Reserve Bank of New York, which is the most powerful private financial institution in America. He was also a former Clinton administration Treasury official. He has worked for Kissinger Associates and has also held a senior position at the IMF. The FRBNY plays a behind the scenes role in shaping financial policy. Geithner acts on behalf of powerful financiers, who are behind the FRBNY. He is also a member of the Council on Foreign Relations (CFR)

Of Paul Volcker, now heading Obama's economic team, Chossudovsky states:

Paul Volker was chairman of the Federal Reserve Board in the l980s during the Reagan era. He played a central role in implementing the first stage of financial deregulation, which was conducive to mass bankruptcies, mergers and acquisitions, leading up to the 1987 financial crisis.

Another significant player in the Obama economic team is Jon Corzine, current governor of New Jersey and former CEO of Goldman Sachs.

In summary, Chossudovsky asks:

Where are Obama's "Main Street appointees"? Namely individuals who respond to the interests of people across America. There are no labor or community leaders on Obama's list for key positions.

The President-elect is appointing the architects of financial deregulation.

Meaningful financial reform cannot be adopted by officials appointed by Wall Street and who act on behalf of Wall Street.

Those who set the financial system ablaze in 1999, have been called back to turn out the fire.

The proposed "solution" to the crisis under the "bailout" is the cause of further economic collapse.

There are no policy solutions on the horizon.

What we are witnessing is continuity.

We should not take Obama's appointments to task? We should wait until the actions of his administration demonstrate a commitment to the status quo? Such reasoning, I believe, is not only counter-intuitive but an insult to any intelligent mind. What ever happened to "if it slithers, hisses, and strikes like a snake, it probably is"?

Meanwhile, back at the 747 airliner mentioned above and the argument that only insiders know how to fly it-an absolutely valid assertion, if one is unwilling to consider alternatives to the 747 as a means of transportation. However, if one understands that the 747 has been designed to destroy everything in its path and blow up everyone on board, it is not difficult to pursue other options. Or as Richard Moore states in "Obama: Beware of Elites Bearing Gifts",

Humanity is the patient, and capitalism (ie, rule by capitalist elites) is the disease. The agenda of our leaders, and Obama will be no exception, is to sacrifice the patient so that the disease may survive. The agenda will include an expansion of genocide in the third world, assisted by the biofuel market and runaway food prices, and it will most likely include a nuclear confrontation with Russia and perhaps China. As Kissinger says, you can't make an omelette without breaking eggs. Final consolidation of global power is an omelette worth many a sacrifice, particularly if you get to eat the omelette and aren't the one making the sacrifices....

James Howard Kunstler puts it another way:

My own starting point for this is the belief that in the years just ahead any sociopolitical entity organized at the giant scale will flounder -- this includes everything from the federal government to global corporations to factory farms to centralized high schools to national retail chains. So even expecting Mr. Obama's government to act effectively may be asking too much in a situation that will require mostly local action.

What Kunstler is talking about is the collapse, not only of corporate capitalism, but of industrial civilization itself. Anyone who seriously "hopes" that Barack Obama and a cadre of recycled Clinton administration insiders can affect anything remotely resembling significant change does not understand civilization's collapse. That collapse by definition means the end of centralized, large-scale systems based on unlimited economic growth. It also means that increasingly, as those systems collapse, individuals must organize locally to supply all of their own needs, or their needs will not be met.

Most likely, dear reader, you are asking: What can we do? It's really quite simple, and so very, very challenging: Withdraw your time and effort from the larger, centralized system, and invest it in your local economy in the areas of food security, energy, alternative healthcare, education, the arts, and other vital aspects of your local infrastructure. You want leadership? Then lead by joining with others who share your concerns?

None of this will change anything in the macrcosm-it will not bring forth a mass consciousness change or avert the collapse of civilization. It will, however, plant the seeds of a new paradigm of life lived for and with the earth community. Now that's change I can believe in!
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Wizard 1421December 01, 2008 08:20PM

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Wizard 763December 01, 2008 09:36PM

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