Detailed text transcripts for TV channel - MSNBC - 20110309:05:21:00 : vimarsana.com

financial emergency. and how do you know when you're in a financial emergency? because the governor tells you you're in a financial emergency. or a company he hires to do so does that instead. the senate version of the bill in michigan says it has to be humans declaring the fiscal emergency. the house says a firm can do it as well. this is about a lot of things, this is not about a budget. this is using or fabricating crisis to push an agenda you would never be able to sell under normal circumstances. so you have to convince everyone these are not normal circumstances, these are desperate circumstances and desperate measures are somehow required. what this is has a name. it is called shock doctrine. joining me now, author of the book "the shock doctrine," naomi klein. thank you for being here. >> glad to be with you, rachel. >> do you see disaster capitalism at work in state budget fights because i do? >> yes, i definitely do.

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