Political Economy Vocabulary

noun the academic study of government and the state

• The study of politics is essential for understanding how societies are governed.
• I try to avoid discussing politics at family gatherings to prevent arguments.
• I'm so over all the drama in politics these days.
• In the game of politics, you have to know when to make your move.

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

• The concept of disaster capitalism refers to the exploitation of natural or man-made disasters for economic gain.
• Disaster capitalism is when companies profit from disasters by taking advantage of the situation.
• Some people call it 'disco cap' when businesses make money off of disasters.
• In the world of finance, disaster capitalism is like striking gold in a minefield.