noun a type of economic system where corporations and governments take advantage of disasters to increase profits and power
In politics, disaster capitalism can refer to policies and practices that prioritize profit and privatization over public welfare in the aftermath of a disaster.
Within sociology, disaster capitalism is studied in terms of how it exacerbates inequalities and social injustices during times of crisis.
Disaster capitalism refers to the exploitation of disasters, such as natural disasters or economic crises, for economic gain by corporations and wealthy individuals.
In the field of environmental studies, disaster capitalism can be seen in the exploitation of environmental disasters for profit and resource extraction.
Disaster capitalism can impact humanitarian aid efforts by diverting resources and attention away from those most in need towards corporate interests.
Writers may use the concept of disaster capitalism in their articles, books, or essays to analyze how corporations and governments exploit disasters for profit and power.
Psychologists may study the impact of disaster capitalism on mental health and well-being, as well as provide counseling and support to individuals affected by such practices.
Economists may research the economic implications of disaster capitalism, including its effects on income inequality, market dynamics, and government policies.
Policy analysts may examine how disaster capitalism influences public policies and regulations, and recommend strategies to mitigate its negative consequences on society.
Journalists may investigate and report on instances of disaster capitalism, uncovering corruption, exploitation, and human rights abuses in the aftermath of disasters.