Summary
This video delves into the concept of shock, not just from negative events, but also from losing narratives and becoming disoriented. It tracks the history of shock therapy starting with mind control experiments in 1951, leading to the implementation of neoliberal policies in Chile and Argentina. The discussion extends to Thatcher and Reagan's free-market policies, the collapse of the Soviet Union under shock therapy, and the economic consequences post-9/11, emphasizing profiteering opportunities and exploitation in times of disaster. It evaluates the financial crisis, Obama's response, and the importance of becoming shock-resistant to navigate through historical challenges.
Chapters
Introduction to Shock and Crisis
Beginning of Mind Control Experiments
Bizarre Experiments at Allen Memorial Institute
Use of Economic Shock Therapy
Implementation in Chile
Effects in Chile and Argentina
Thatcher and Reagan Era
Collapse of Soviet Union
Post-9/11 Economic Changes
Impact in Iraq
Financial Crisis and Obama's Era
Introduction to Shock and Crisis
Explores how a state of shock occurs not just from bad events but also from losing narratives and becoming disoriented. It emphasizes the role of history in keeping us oriented and alert during crises.
Beginning of Mind Control Experiments
Details the start of mind control experiments in 1951 when Western intelligence agencies met with academics at McGill University to research sensory deprivation effects.
Bizarre Experiments at Allen Memorial Institute
Describes how the Allen Memorial Institute conducted bizarre experiments, combining shock and sleep therapy, ultimately resembling a makar prison where patients' minds were rebuilt from a blank slate.
Use of Economic Shock Therapy
Discusses the use of economic shock therapy by teaching economics at the University of Chicago, leading to radical economic policies worldwide.
Implementation in Chile
Explains the implementation of shock therapy policies in Chile, sponsored by the US State Department, resulting in significant economic and social changes.
Effects in Chile and Argentina
Discusses the severe impacts of neoliberal policies in Chile and Argentina, leading to economic instability, re-engineering of societies, and human rights abuses.
Thatcher and Reagan Era
Explores Thatcher and Reagan's push for free-market policies, privatizations, and reduced government intervention, causing economic challenges and social upheaval.
Collapse of Soviet Union
Details the collapse of the Soviet Union under Gorbachev's reforms, leading to economic turmoil and the rise of oligarchs due to shock therapy policies.
Post-9/11 Economic Changes
Discusses the economic consequences post-9/11, including the rise of the disaster capitalism complex and the global offensive against terror.
Impact in Iraq
Highlights the profiteering opportunities and economic consequences of the Iraq War, with an emphasis on privatized war and exploitation of disasters for profit.
Financial Crisis and Obama's Era
Examines the financial crisis, Obama's response, and the hope for change, focusing on becoming shock-resistant and drawing parallels to past historical struggles.
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