Privatization and the Theft of the Commons

26 Aug

Well worth watching and a great film review by Dr Stuart Bramhall

The Most Revolutionary Act

Catastroika

by Aris Chatzistefanou andKaterina Kitidi

Film Review

Catastroika is a Greek documentary on neoliberalism, with a specific focus on the privatization of publicly owned resources. Although it makes no mention of historian Richard Linebaugh, its depiction of the neoliberal privatization movement provides an elegant illustration of the ongoing theft of the Commons (see Stop Thief: the Theft of the Commons).

After a brief overview of the University of Chicago economists (championed by Milton Friedman) who first put neoliberal theory into practice during the Pinochet dictatorship, the documentary tracks the wholesale privatization of Russia’s state owned industries after the 1993 coup by Boris Yeltsin, in which he illegally ordered dissolution of the Russian parliament (see The Rise of Putin and the Fall of the Oligarchs).

The fire sale of state assets to oligarchs and western bankers would virtually destroy the Russian economy, throwing millions of people into…

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One Response to “Privatization and the Theft of the Commons”

  1. stuartbramhall August 27, 2015 at 9:31 am #

    Thanks for reblogging.

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