disaster capitalism

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

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.

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

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“You can see this disaster capitalism can drive this out-migration for people who would like to stay but can’t afford to stay,” she said.

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At worst it’s what’s been dubbed “disaster capitalism,” a form of techno-denial that we can fix the effects of climate change.

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He sees the luxury spa as a product of disaster capitalism, “where these infrastructures of care are used to make a profit off of a crisis.”

Read more on New York Times