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    Recent articles related to the financial crisis.

    Thursday, January 15, 2009

     

    Privatization = Death

    by Dollars and Sense

    More evidence for the Shock Doctrine files: researchers for the Lancet have concluded that mass privatizations after the fall of the Soviet Union lead to the deaths of 1 million men.

    From the BBC:

    The rapid mass privatisation which followed the break up of the Soviet Union fuelled an increase in death rates among men, research suggests.

    The UK study blames rapidly rising unemployment resulting from the break-neck speed of reform.

    The researchers said their findings should act as a warning to other nations that are beginning to embrace widespread market reform.

    The study features online in The Lancet medical journal.

    The researchers examined death rates among men of working age in the post-communist countries of eastern Europe and the former Soviet Union between 1989 and 2002.

    They conclude that as many as one million working-age men died due to the economic shock of mass privatisation policies.
    Rest of the story here.

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    1/15/2009 12:04:00 PM