Naomi Klein: Are markets taking on traditional government functions?

Question: Are markets taking on traditional government functions?

Naomi Klein: I think it’s more complicated than simply that markets are usurping the role of government. I think what we’re seeing is a merger between big government and big business. And I think that’s part of the reason why it’s a little bit hard for people to understand because they know corporations have a great deal of power. But at the same time states seem more important, right? We’re seeing more active military intervention, more intervention in our lives in the form of surveillance. And so we’re seeing very active states, and we’re seeing big spending states – what used to be called military Keynesianism – and certainly a willingness to spend a huge amount of money, to take very bold policy measures. But I would argue in the interest of multi-nationals, not in the interest of people, and that’s the pattern that recurs. So it isn’t . . . It isn’t that states aren’t important. They’re crucial to this process. But the question is in whose interests are those states working? So it isn’t about the end of the nation state or the end of the government. It’s about this very dangerous merger between big government and big business.

Photo courtesy of Shutterstock.

There's been a fusion of big government and big business, says Klein.

LinkedIn meets Tinder in this mindful networking app

Swipe right to make the connections that could change your career.

Getty Images
Sponsored
Swipe right. Match. Meet over coffee or set up a call.

No, we aren't talking about Tinder. Introducing Shapr, a free app that helps people with synergistic professional goals and skill sets easily meet and collaborate.

Keep reading Show less

4 reasons Martin Luther King, Jr. fought for universal basic income

In his final years, Martin Luther King, Jr. become increasingly focused on the problem of poverty in America.

(Photo by J. Wilds/Keystone/Getty Images)
Politics & Current Affairs
  • Despite being widely known for his leadership role in the American civil rights movement, Martin Luther King, Jr. also played a central role in organizing the Poor People's Campaign of 1968.
  • The campaign was one of the first to demand a guaranteed income for all poor families in America.
  • Today, the idea of a universal basic income is increasingly popular, and King's arguments in support of the policy still make a good case some 50 years later.
Keep reading Show less

Dead – yes, dead – tardigrade found beneath Antarctica

A completely unexpected discovery beneath the ice.

(Goldstein Lab/Wkikpedia/Tigerspaws/Big Think)
Surprising Science
  • Scientists find remains of a tardigrade and crustaceans in a deep, frozen Antarctic lake.
  • The creatures' origin is unknown, and further study is ongoing.
  • Biology speaks up about Antarctica's history.
Keep reading Show less

Why I wear my life on my skin

For Damien Echols, tattoos are part of his existential armor.

Videos
  • In prison Damien Echols was known by his number SK931, not his name, and had his hair sheared off. Stripped of his identity, the only thing he had left was his skin.
  • This is why he began tattooing things that are meaningful to him — to carry a "suit of armor" made up the images of the people and objects that have significance to him, from his friends to talismans.
  • Echols believes that all places are imbued with divinity: "If you interact with New York City as if there's an intelligence behind... then it will behave towards you the same way."
Keep reading Show less