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disaster capitalism
noun
- pejorative.the practice (by a government, regime, etc) of taking advantage of a major disaster to adopt liberal economic policies that the population would be less likely to accept under normal circumstances
Example Sentences
This recalls the prophetic warning Naomi Klein issued with her 2007 book, "The Shock Doctrine: The Rise of Disaster Capitalism."
âYou can see this disaster capitalism can drive this out-migration for people who would like to stay but canât afford to stay,â she said.
At worst itâs whatâs been dubbed âdisaster capitalism,â a form of techno-denial that we can fix the effects of climate change.
He sees the luxury spa as a product of disaster capitalism, âwhere these infrastructures of care are used to make a profit off of a crisis.â
In contested spaces such as Puerto Rico, this is an emergency with consequences compounded by existing inequities, systemic racism, colonial practices and predatory maneuvers such as âdisaster capitalism,â which enriches private profiteers at the expense of the rest of us.
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