'The Disaster Profiteers: How Natural Disasters Make The Rich Richer And The Poor Even Poorer'

Aug 28, 2015

  Natural disasters don't matter for the reasons we think they do. They generally don't kill a huge number of people. Most years more people kill themselves than are killed by Nature's tantrums. And using standard measures like Gross Domestic Product (GDP) it is difficult to show that disasters significantly interrupt the economy.

It's what happens after the disasters that really matters-when the media has lost interest and the last volunteer has handed out a final blanket, and people are left to repair their lives. What happens is a stark expression of how unjustly unequal our world has become. The elite make out well-whether they belong to an open market capitalist democracy or a closed authoritarian socialist state.

In The Disaster Profiteers, John Mutter argues that when no one is looking, disasters become a means by which the elite prosper at the expense of the poor.