Why Capitalism Loves Crisis
Hello hello! Hope your Friday is going well, below you can find my newest video on disaster capitalism as well as three quotes and three links. Hope you learn something new!
Three Quotes:
“Free-market economist Milton Friedman once said that, when a crisis occurs, 'the actions that are taken depend on the ideas that are lying around.’”
— In These Times
“In Haiti, following the ouster of President Jean-Bertrand Aristide. In exchange for a $61 million loan, the bank is requiring ‘public-private partnership and governance in the education and health sectors,’ according to bank documents–i.e., private companies running schools and hospitals.”
— Naomi Klein
“We used to have vulgar colonialism. Now we have sophisticated colonialism, and they call it ‘reconstruction.'”
— Shalmali Guttal
Three Links:
Fossil Fuel Executives Gloat About Profits, PR From Texas Winter Storm Crisis (The Intercept)
The Rise of Disaster Capitalism (The Nation)
Disaster Capitalism: Empirical Evidence from Latin America and the Caribbean (Ransford F. Edwards Jr.)
Hope you have a wonderful rest of the week,
Charlie