A new £50,000 writing prize has been awarded to a leading left-wing journalist and academic.

Naomi Klein was named winner of the inaugural Warwick Prize for Writing for her best-selling book The Shock Doctrine.

The work argues that global corporations have exploited major disasters such as Hurricane Katrina and the 9/11 terrorist attacks to force through social and financial changes to their advantage.

Author China Mieville, who chaired the judging panel, said: “Every book on the shortlist was exceptional, but of course it had, ultimately, to come down to one.

“Naomi Klein’s The Shock Doctrine is a brilliant, provocative, outstandingly written investigation into some of the great outrages of our time.”