Making Money from Misery? Disaster Capitalism from the Migrant Crisis to Afghanistan and Haiti
When disaster strikes, who profits? That’s the question asked by journalist Antony Loewenstein in his new book, “Disaster Capitalism: Making a Killing out of Catastrophe.” Traveling across the globe, Loewenstein examines how companies such as G4S, Serco and Halliburton are cashing in on calamity, and describes how they are deploying for-profit private contractors to war zones and building for-profit private detention facilities to warehouse refugees, prisoners and asylum seekers. Recently, Loewenstein teamed up with filmmaker Thor Neureiter for a documentary by the same name that chronicles how international aid and investment has impacted communities in Haiti, Afghanistan, Papua New Guinea and beyond.
"When you talk about disaster capitalism and the capitalists coming in and sweeping up and taking over, they don’t need a conspiracy, because those are the interests that prevail, and they’re going to get their way."