Making a Killing Out of Catastrophe
‘Loewenstein has brought meticulous reporting to this subject…this book will serve as a potent weapon for shock resistors around the world’ – Naomi Klein
‘Chilling study, based on careful and courageous reporting, and illuminated with perceptive analysis’ – Noam Chomsky
‘A devastating, incisive follow-up to Naomi Klein’s The Shock Doctrine’ – Jeremy Scahill
Crisis? What crisis? How powerful corporations make a killing out of disaster.
Investigative journalist Antony Loewenstein travels across Afghanistan, Pakistan, Haiti, Papua New Guinea, the US, Britain, Greece, and Australia to witness the reality of disaster capitalism. He discovers how companies such as G4S, Serco, and Halliburton cash in on organized misery in a hidden world of privatized detention centers, militarized private security, aid profiteering, and destructive mining.
Disaster has become big business. Talking to immigrants stuck in limbo in Britain or visiting immigration centers in America, Loewenstein maps the secret networks formed to help corporations bleed what profits they can from economic crisis. He debates with Western contractors in Afghanistan, meets the locals in post-earthquake Haiti, and in Greece finds a country at the mercy of vulture profiteers. In Papua New Guinea, he sees a local community forced to rebel against predatory resource companies and NGOs.
What emerges through his reporting is a dark history of multinational corporations that, with the aid of media and political elites, have grown more powerful than national governments. In the twenty-first century, the vulnerable have become the world’s most valuable commodity.