I believe Disaster Capitalists, with the backing of the Bush Administration, led us to the brink of economic chaos to usher in a wave of privatization programs on federal, state and local levels for services like Social Security, Medicare, public safety and water management and delivery, to name a few.
Except one thing happened that's going to backfire on them big time -- their presidential candidate lost.
"The Shock Doctrine" is a book by Naomi Klein (the Nation) that examines how “free market” policies advocated by the late economist Milton Friedman have come to dominate the world through the exploitation of disaster-shocked people and countries.
An excerpt:
"In one of his most influential essays, Friedman articulated contemporary capitalism's core tactical nostrum, what I have come to understand as "the shock doctrine". He observed that "only a crisis - actual or perceived - produces real change". When that crisis occurs, the actions taken depend on the ideas that are lying around. Some people stockpile canned goods and water in preparation for major disasters; Friedmanites stockpile free-market ideas. And once a crisis has struck, the University of Chicago professor was convinced that it was crucial to act swiftly, to impose rapid and irreversible change before the crisis-racked society slipped back into the "tyranny of the status quo".
"Friedman first learned how to exploit a shock or crisis in the mid-70s, when he advised the dictator General Augusto Pinochet. Not only were Chileans in a state of shock after Pinochet's violent coup, but the country was also traumatized by hyperinflation. Friedman advised Pinochet to impose a rapid-fire transformation of the economy - tax cuts, free trade, privatized services, cuts to social spending and deregulation."
Isn't it ironic that the current chaos and disorientation set in motion by BushCo can be used (and perhaps already is) by the incoming administration to push through counter, and more progressive, programs? More regulation, tax increases (for the very wealthy), and more social spending that otherwise might face a tougher battle with the American people and Congress?
Hopefully, the incoming administration has a few good ideas lying around.
The Shock Doctrine link:
http://www.naomiklein.org/shock-doctrine