Comment on So...how the fuck do I trust *anything*?

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eightpix@lemmy.world ⁨1⁩ ⁨week⁩ ago

Betting on chaos, destruction, reconstruction costs, insurance payouts/denials, and instability for a growing segment of the population made many people rich in the 15th to 21st centuries.

When you are both the cause and the beneficiary of this exercise, that is Disaster Capitalism — an extension of the Shock Doctrine.

The doctrine itself can capitalize on accidents, natural disasters, political instabilities, and economic downturns.

Disaster capitalism foments “accidents” (see: Beirut explosion), natural disasters (see: climate change denialism), political instabilities (see: School of the Americas), and economic downturns (see: the Big Short).

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