Societal Inequality Terminology

verb to make someone very poor; to exhaust or deplete completely

• The economic downturn beggared many families, leaving them struggling to make ends meet.
• I lent my friend money for rent because she was beggared after losing her job.
• He spent all his savings on that new car and now he's totally beggared.
• The artist's creativity knew no bounds, never to be beggared by self-doubt.

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.