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The theory of economic shock therapy relies in part on the role of expectations on feeding an inflationary process. Reining in inflation requires not… - Naomi Klein
" "The theory of economic shock therapy relies in part on the role of expectations on feeding an inflationary process. Reining in inflation requires not only changing monetary policy but also changing the behavior of consumers, employers and workers. The role of a sudden, jarring policy shift is that it quickly alters expectations, signaling to the public that the rules of the game have changed dramatically— prices will not keep rising, nor will wages. (p82)
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About Naomi Klein
(born on 8 May 1970) is a Canadian author, social activist, and filmmaker known for her political analyses and criticism of corporate globalization and of corporate capitalism.
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While brands slowly transform the experience of campus life for undergraduates, another kind of takeover is under way at the institutional research level. All over the world, university campuses are offering their research facilities, and priceless academic credibility, for the brands to use as they please.
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