Disaster Capitalism

Pronunciation: /dɪˈzæs.tər ˈkæp.ɪ.təl.ɪz.əm/

Definitions of disaster capitalism

noun a type of economic system where corporations and governments take advantage of disasters to increase profits and power

Example Sentences

A1 Disaster capitalism is when companies profit from natural disasters.

A2 People often criticize disaster capitalism for taking advantage of vulnerable communities.

B1 The concept of disaster capitalism explores how economic interests exploit crises for financial gain.

B2 There are many examples of disaster capitalism in history, where corporations have capitalized on tragedies.

C1 Scholars have written extensively about the ethics and consequences of disaster capitalism.

C2 The phenomenon of disaster capitalism raises important questions about the role of corporations in times of crisis.

Examples of disaster capitalism in a Sentence

formal The concept of disaster capitalism refers to the exploitation of natural or man-made disasters for economic gain.

informal Disaster capitalism is when companies profit from disasters by taking advantage of the situation.

slang Some people call it 'disco cap' when businesses make money off of disasters.

figurative In the world of finance, disaster capitalism is like striking gold in a minefield.

Grammatical Forms of disaster capitalism

• past tense: disaster capitalized
• plural: disaster capitalisms
• comparative: more disaster capitalist
• superlative: most disaster capitalist
• present tense: disaster capitalizes
• future tense: will disaster capitalize
• perfect tense: has disaster capitalized
• continuous tense: is disaster capitalizing
• singular: disaster capitalism
• positive degree: disaster capitalist
• infinitive: to disaster capitalize
• gerund: disaster capitalizing
• participle: disaster capitalized

Origin and Evolution of disaster capitalism

First Known Use: 2007 year

Language of Origin: English

Story behind the word: The term 'disaster capitalism' was coined by author and activist Naomi Klein in her book 'The Shock Doctrine: The Rise of Disaster Capitalism' published in 2007.

Evolution of the word: Initially used to describe the exploitation of disasters and crises by corporations and governments to push through controversial policies, the term has since evolved to encompass a broader critique of neoliberal economic practices and their impact on society.