Disaster Capitalism

With Antony Loewenstein
Goldsmtihs College, University of London, Professor Stuart Hall Building, LG01
Tuesday 13th October 2015, 6:00pm

 

Crisis, what crisis? How governments and corporations profit from disaster 

Disaster has become big business. Multinational corpo­rations, 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.

Best-selling journalist Antony Loewenstein travelled across Afghanistan, Pakistan, Haiti, Papua New Guinea, the United States, Britain, Greece, and Australia to witness the newest market in the business of exploitation for his new book DISASTER CAPITALISM. He discovered how companies such as G4S, Serco, and Halliburton cash in on or­ganized misery in a hidden world of privatized detention centres, militarised private security, aid profiteering, and destructive mining. 

Talking to immigrants stuck in limbo in Britain or visiting immigration centres 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.