So thus "shock therapy": in their minds it was the closest thing to a free market they could get at the time, so by their definition it was the best mode of action.
Similar things were said when they tried to inject some of "The Free Market" into the energy sector here in the U.S. and we all know how well that went.
Similar things could be said with regard to what we tried to do in Iraq: a bit of democracy is better than no democracy at all.
When so-called conservatives attempt to reach conservative ends by radical means the only thing that can be certain is that the conservative ends are never achieved, and conservatism itself gets one more black-eye.
We used to have at least one leg to stand on.
Now we have just a couple of bloody stumps.
Good point. In the area I live local authorities refused to give into privatization fad - they kept public ownership of electric supply. Now the prices in out are LOWER than in neighboring places :)
How much of the violence we see in Iraq is the result of US imposed economic restructuring (shock therapy)?