Wednesday, December 10, 2008

The Depredations of Capitalism

An interesting point from Larissa MacFarquhar's New Yorker profile of Naomi Klein:

Why does Klein place such emphasis on [Milton] Friedman? Perhaps because she wants to draw a parallel between capitalism and Communism, to make their two histories look as similar as possible, and for that she needs not the messy, pragmatic, ad-hoc capitalism of corporations but the purist, utopian capitalism of the Chicago School. Violent autocrats of the free-market persuasion, though there have been many, have not soiled Friedman’s name in the way that Stalin soiled Marx; somehow, the misdeeds of a Pinochet or a Suharto or a Yeltsin are attributed to these men as individuals—to their lust for power, their greed, their drinking. But Klein holds capitalism guilty of all their sins. Friedman’s followers must no longer get away with shaking their heads when their advisees start killing people, she believes. They should feel themselves dupes, fellow-travellers, accessories: they should acknowledge their willed ignorance and complicity, as her grandparents and the Communists of their generation were forced to do.

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