Davos Dilemma

Naomi Klein recently said,

There was a phrase that came out of the Davos conference this year. Every year, there’s always a big idea to emerge from the World Economic Summit in Davos. This year, the big idea was the Davos dilemma. Now, what is the Davos dilemma? The Davos dilemma is this: for decades, it's been conventional wisdom that generalized mayhem was a drain on the global economy, that you could have an individual shock or a crisis or a war that could be exploited for privatization, but on the whole -- and this was the Thomas Friedman thesis -- there needed to be stability in order to have steady economic growth; the Davos dilemma is that it's no longer true. You can have generalized mayhem, you can have wars in Iraq, Afghanistan, threats of nuclear war with Iran, a worsening of the Israeli occupation, a deepening of violence against Palestinians, you can have a terror in the face of global warming, you could have increased blowback from resource wars, you can have soaring oil prices, but, lo and behold, the stock market just goes up and up and up.

According to DemocracyNow, "Naomi Klein recently spoke at an event in New York celebrating the launch of Jeremy Scahill's first book, "Blackwater: The Rise of the World's Most Powerful Mercenary Army." In her talk, Naomi Klein spoke about the privatization of the state."

Sources:

DemocracyNow, April 2, 2007, "The Worse Things Get in Iraq, the More Privatized This War Becomes, The More Profitable This War Becomes" - Naomi Klein on the Privatization of the State.

See Also:

The Problem with Privatizing War

www.blackwaterbook.com
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