A Culture of Crisis

The Shock Doctrine is a progressive agenda manifesto on how and why the Left "failed" on the major economic and geopolitical issues of the late 20th and early 21st centuries. The blueprint of the "doctrine" by Naomi Klein in her 2007 book The Shock Doctrine: The Rise of Disaster Capitalism became the field guide for progressive policy making after Barack Obama's election. The early Rahm Emmanuel slip that , "....this is our crisis.." showed the progressives intended to use the financial crisis as their agenda driver.

Four years later, we are seeing the "cat's game" results of this failed policy playbook. Today, Sen Lindsey Graham (R-SC) indicated that a small compromise now would be advanced to drive a harder bargain when the debt ceiling (read target) is hit early next year. A focus on agenda driven  crisis management from the White House, Congress and the Federal Reserve has left a void were rational pro-active policy used to exist.

The problem with a culture of crisis is that all the choices are tainted by the agar of dislocation in which they are germinated. That "agar" remains the financial devastation that is the backside of the credit super cycle. Policies enacted to push back against the massive destruction of wealth and personal suffering that the popped credit bubble created have worked well enough to cast off unintended consequence. There is a growing belief by some that greater societal discomfort is a needed, even noble, agenda.

A misguided philosophy of privatized profits and socialized losses has morphed into a twisted desire for retrenchment as virtue. Our hope for 2013 is that the culture of crisis is broken by a vision of future America as something more than dystopian conflict.

"In Watermelon Sugar the deeds were done and done again as my life is done in watermelon sugar."

Richard Brautigan

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