Thursday, January 15, 2009

Capitalists behaving badly...

You'll recall the Lancet study that claimed back in 2006 that 655,000 Iraqis had died as a direct result of the US-led invasion of Iraq... This number should sober the fans of shock therapy. / Europe - Soviet sell-offs led to deaths, says study: "Soviet sell-offs led to deaths, says study

By Andrew Jack in London

Published: January 15 2009 01:04 | Last updated: January 15 2009 01:04

”Shock therapy”, or rapid mass privatisation, in the former Soviet bloc in the first half of the 1990s was responsible for the early deaths of 1m people that could have been prevented, according to a paper to be published in The Lancet, the medical journal, on Thursday.

An analysis of the 3m working age men who died across the former communist countries of eastern Europe suggests at least a third were victims of mass privatisation, which led to widespread unemployment and social disruption."

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