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Disaster Capitalism An Economic Strategy Blog Art History Essay Help

Disaster Capitalism

Disaster Capitalism is an economic strategy, which utilizes neoliberal free-market policies to render a disaster an opportunity to gain some advantage. This occurs when people are experiencing great need, potentially loss of life and property, and there is a reduced chance of the public questioning motivation.[1] In her book “The Shock Doctrine,” Naomi Klein explains that disaster capitalism is characterized by the emergence of private industries that aim to invest in sectors that are primarily relevant to the disaster.[2]  Private industries, often in joint operations with political opportunists, focus on disaster-related services, such as privatization of the state security forces. This particularly fits in times of catastrophe because people filled with fear and uncertainty are likely to perceive the forces as protection rather than encroachment of freedom. They are also more likely to allow the authority to make decisions on their behalf.[3].

Political economists have studied how policies progress the interests of large corporations.[4] It is a time with many distractions and exceptions. In the interest of bringing in industry or recovery support services perceived as necessary, conventions and regulations may be hastened or set aside. This could also serve as an advantage to powerful private enterprises.[1] In the aftermath of Katrina, Richard Baker, a Republican congressman from Louisiana, provided an apt example of disaster capitalism at its emergence. He said to the lobbyist, “We finally cleaned up public housing in New Orleans. We could not do it, but God did.”[2] Corporate lobbyists were in the room planning ways to capitalize on the loosening of regulations, cheap labor, and booming opportunities for a corporate influx. This while thousands remained displaced and the city was in rubble.

[1] Naomi, & Smith, 594

[2] Klein, Naomi. The shock doctrine: The rise of disaster capitalism. Macmillan. (2007):5

[1] Klein, Naomi, and Neil Smith. “The shock doctrine: a discussion.” Environment and Planning D: Society and Space 26, no. 4 (2008): 582-595.

[2]Klein, 582-595.

[3] Scott, Jerome, and Walda Katz-Fishman. “The US through the Eye of Hurricane Katrina-Capitalism at its” best” What Are we Prepared to Do?.” Race, Gender & Class (2007): 7-

[4] Navarro, Vicente. “Neoliberalism as a class ideology; or, the political causes of the growth of inequalities.” International Journal of Health Services 37, no. 1 (2007): 47-62.

How Neoliberalism allows for a policy framework history homework help: history homework help

Neoliberal Policies

Neoliberalism allows for a policy framework that integrates the economic aspect to its political dimension.[1] It entails reducing government involvement in determining market policies, such as allowing the market prices to be determined by the sellers and the buyers.[2] It is a strategic shifting of economic control from the public and private and leads to the government reducing its expenditure on social and economic controlling issues and allowing the private sector to utilize that opportunity for its investment.[3] Thus, austerity is one of the main defining features of neoliberal policies. In austerity, the government aims at reducing expenditure.[4]

It also sets policies that entail raising taxes to compensate for the spending done by the government. Again, often in the interest of the promotion of the private sector.[5] The neoliberal policies of President George W. Bush illustrate where austerity can lead. In 2003, the Bush administration cut 44 percent of New Orleans’s flood control budget.[6] The following year, the US Army Corps of Engineers lost the federal funding to study how to protect New Orleans from a catastrophic hurricane.[7]

[1] Navarro, 47-62.

[2] Navarro, 47-62.

[3] Navarro, 47-62.

[4] Newsinger, Jack. “A cultural shock doctrine? Austerity, the neoliberal State and the creative industries discourse.” Media, culture & society 37, no. 2 (2015): 302-313.

[5] Navarro, 47-62

[6] Cha-Jua, Sundiata Keita. “High Tide of a New Racial Formation.” The Black Scholar 36, no. 4 (2006): 2

[7] Cha-Jua, 2

Critical characteristic of neoliberal policy help me with my history homework

Another critical characteristic of neoliberal policy entails the diminishing of good public concepts. Such a project can be furthered by preventing opportunities meant to close social gaps. The omission of social programs that support the unemployed, under-employed, and disadvantaged can serve neoliberal projects that rely on social stratification to maintain power. Studies show that neoliberal policies significantly lead to economic inequality and the decline in both societal and economic endeavors.[1] Sixty-seven percent of the New Orleans population was black before Katrina struck, and 28 percent lived below the poverty line. The average income was less than half the national average, and only 6 percent of the residents had a college education.[2] In the aftermath of Katrina, communities already facing racism, domination, and degradation were prime for neoliberal insertion.

[1] Newsinger, 302-313.

[2] Cha-Jua, 5

The Growth of Disaster Capitalism with the Proliferation history assignment help in canada: history assignment help in canada

 

The Growth of Disaster Capitalism with the Proliferation of Neoliberal Policies

In the US, catastrophes have been mechanized to promote neoliberal policies has.[1] Such instances have included natural and human-made disasters. The term “shock therapy” refers to an approach that offers a drastic solution to solve an immediate problem. Though the product often benefits the opportunist. One such instance was the Iraqi war. Rules were enacted to enable the Shell and British Petroleum companies to take over most of the largest oil reserves in the country.[2] This may have been colored to be the interest of the world economy and the need for oil, but it also conveniently benefited the powerful private industry.

[1] Klein & Smith, 582-595.

[2] Klein, 2

The worst disasters ever to strike the United States ap art history homework help

Hurricane Katrina

Tropical Storm Katrina was arguably one of the worst disasters ever to strike the United States. Its magnificence made it the third most heartbreaking Hurricane in history, as well as the one that caused the greatest damage. It resulted in the deaths of more than 2000 people and the destruction of property worth $106 billion[1]. The exact number of people that died because of the disaster is unknown. Even though political pioneers and official specialists have stated and distributed that lessons have been learned in the aftermath of the disaster, investigations have discovered that New Orleans has never fully recovered. The storm had initially been spotted by the weather system even before it made its first fall. The weather forecasters had seen it form over the Bahamas on May 23, 2021. The Hurricane made its first landfall close to Miami and Florida as a category one cyclone.[2] Over the subsequent days, as it moved towards New Orleans, the Hurricane kept fluctuating in magnitude. Finally, it intensified to category four as it made a much close landfall to Louisiana, a few kilometers from New Orleans.[3].

When the Hurricane was predicted, New Orleans residents were advised to seek shelter in several districts before the storm made its first landfall. As a result, nearly 1.2 million people are estimated to have evacuated their houses. However, a significant portion of the New Orleans population remained stranded, some due to a lack of places to seek refuge and others due to a lack of means to transport their belongings to new locations.[1]. Thousands of individuals who could not flee the city flocked to the Louisiana Superdome, where they looked for key roof positions or died. As the intensity of Hurricane Katrina grew, authorities in New Orleans, who were intended to be the first responders in assisting individuals affected by the storm, could not do so because most of their headquarters in the same region were also impacted by the disaster.[2].

[1] St Onge, Jeff, and Victor Epstein. “Ex-chief says FEMA readiness even worse.” Boston Globe(2006).https://archive.Boston.com/news/nation/washington/articles/2006/04/01/ex_chief_says_fema_readiness_even_worse/

[2] Statista, 2

 

[1] Statista, 2

[2] Gheytanchi, Anahita, Lisa Joseph, Elaine Gierlach, Satoko Kimpara, Jennifer Housley, Zeno E. Franco, and

[3] Scott & Katz-Fishman. 7-16