disaster capitalism

British  

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

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Example Sentences

"These sort of almost hallucinatory plans are creating an opening for disaster capitalism that is worrying," argues Raja Khalidi, director general of the Palestine Economic Policy Research Institute, an independent think tank.

From BBC

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

From Salon

After catastrophe, she continued, a form of "disaster rescue" often emerges as a parallel to disaster capitalism: "You can do almost anything in the name of rescue, and so much more so when it comes to child rescue."

From Salon

According to Antony Loewenstein, journalist and author of “Disaster Capitalism: Making A Killing Out Of Catastrophe,” that’s just one of the potential downsides of brand-led responses to disaster.

From New York Times

The Aleph makes glass globes memorializing catastrophes such as Hurricane Katrina and the 2011 Japanese earthquake and tsunami to illustrate the horrors of “disaster capitalism” and consumer culture.

From Washington Post