Disaster Capitalsim

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Disaster Capitalsim
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The Free Market
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Disaster Capitalism (financial strategy)

1. to capitalize on a disaster in order to better shore up the tenets of the free market

Examples: Chile following a series of earth-shattering events, New Orleans following Katrina, Sri Lanka following the 2004 Christmas tsunami and Detroit following the Obama Recession.

[edit] See Also

• Laissez-faire
• International Monetary Fund
• Naomi Klein

"Disaster Capitalsim"
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