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disaster capitalism

noun

  1. 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
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

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This recalls the prophetic warning Naomi Klein issued with her 2007 book, "The Shock Doctrine: The Rise of Disaster Capitalism."

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“You can see this disaster capitalism can drive this out-migration for people who would like to stay but can’t afford to stay,” she said.

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At worst it’s what’s been dubbed “disaster capitalism,” a form of techno-denial that we can fix the effects of climate change.

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He sees the luxury spa as a product of disaster capitalism, “where these infrastructures of care are used to make a profit off of a crisis.”

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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 “disaster capitalism,” which enriches private profiteers at the expense of the rest of us.

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