The phenomenon of private companies profiting from crises, whether natural disasters or human-made calamities, involves leveraging urgent needs for essential services and resources. For example, reconstruction contracts following a hurricane might be... Read more »
The concept, popularized by Canadian author and activist Naomi Klein, describes the phenomenon where private companies leverage crises, both natural and human-made, to advance free market policies and profit from deregulation, privatization,... Read more »
The concept of profiting from crises, whether natural or man-made, through privatization of services, deregulation, and cuts to social safety nets, is explored extensively in Naomi Klein’s influential 2007 book, The Shock... Read more »
This concept refers to the practice of exploiting crises, natural or otherwise, for private profit. For example, privatizing essential public services like water or electricity in the aftermath of a hurricane, often... Read more »
This concept refers to the phenomenon of economic actors exploiting crises, emergencies, or disasters to achieve financial gain. Examples include privatizing public services after natural calamities or profiting from wartime reconstruction efforts.... Read more »