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Naomi Klein: ‘Extreme wealth has a deranging effect. It turns you into a supremacist’

Naomi Klein: ‘Extreme wealth has a deranging effect. It turns you into a supremacist’

theguardian.com 12.09.2026 10:00 6 views
She’s tackled neoliberalism and the digital world, now the writer and activist is taking on tech billionaires. She explains how the super-rich are capitalising on climate and financial chaos in pursuit of powerNaomi Klei

It’s a vision of a paradise city, gated at every entrance, no need for weapons there, everyone in it rich. One of the men has tears in his eyes as he describes its beauty. The opening scene of End Times Fascism, co-written with Astra Taylor, is not a metaphor, however.

The men are Jared Kushner and Steve Witkoff. The year is 2026, the mountain is Davos. The paradise city will be called New Gaza.

The World Economic Forum get-together in Davos, Switzerland, has always had a twin purpose – to provide a platform for the super-rich to describe all the good they are doing on poverty and climate, and to give us a glimpse into their enviable lives. This year what we witnessed was, quite brazenly, the world’s richest men gathering to discuss the real estate possibilities of a mass grave. At that same Davos, Donald Trump announced his Board of Peace for the reconstruction of Gaza – it has delivered nothing substantial in the seven months since, but more significantly, Klein says, “we’re being hit with so many extraordinary events that it’s hard to hold on to what a big deal it is: they have announced a privatised United Nations”.

Certainly rich people understand that wealth compounds,” Klein continues, speaking to me from her peaceful, roomy study in British Columbia. Part of the new shamelessness we’re seeing is just what happens when this amount of financial, mediagenic, technological and military weaponry is concentrated in the hands of this very small, unaccountable group of people. They stop trying to seduce us in any way.” Klein looks calm and curious as she delivers this message.

But then, she had the same unruffled, buoyant delivery when I interviewed her on stage in Manchester for Doppelgänger, her 2023 book in which she described how the digital world is destroying our connection to reality, and one another. In 1999, when her breakthrough work No Logo was published, she seemed exhilaratingly certain, at 29, that neoliberalism was bringing harm that we couldn’t yet even see the extent of, and nonetheless appeared centred and happy in the world. Somehow she manages to maintain this attitude, even though the news she delivers is always so convincingly, unbelievably bad.

End Times Fascism describes the world we’re in, where the components of authoritarianism are modelled everywhere you look: anarcho-libertarian economics in Argentina, the destruction of a free press in Russia, the erosion of democratic institutions in Hungary (until Viktor Orbán was deposed), “anti-immigrant neofascism” in Italy, the weaponisation of trans identity by Jair Bolsonaro in Brazil, Islamophobia in Modi’s India. But this is fascism with a difference. Its proponents are actively willing an apocalypse, or a wave of interconnected apocalypses brought forth by climate change and financial chaos, to hasten us towards a post-democratic world in which only a rich few survive to prosper.

Extract — continue reading at the source.

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