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 »
