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ECO CHIC

What Is Disaster Capitalism? How the Rich Exploit Crises

ECO CHIC

Cloud10

Natural Sciences, Arts, Fashion & Beauty, Society & Culture, Science

4.7641 Ratings

🗓️ 18 August 2023

⏱️ 23 minutes

🧾️ Download transcript

Summary

As recovery efforts are underway on the island of Maui, there's been more discussions around the threat of predatory real estate practices - unfortunately, this isn't the only way the rich and powerful can profit off a disaster. We're overviewing today the topic of disaster capitalism, a term coined by Naomi Klein referring to the very real exploitation around crises. We're also zooming in a bit to better understand disaster capitalism in practice through the case study of New Orleans in the aftermath of Hurricane Katrina. We acknowledge that most recovery efforts, whatever the crisis, are in good faith - it's a few powerful actors that are taking advantage of a community in chaotic times. However, knowing that natural disasters are becoming more intense under climate change, we're familiarizing ourselves with how these potentially predatory practices that can pop up in any disaster. Resources mentioned: Help Maui Families (community fund and toolkit) ECO CHIC Episode 160: Disasters Aren't Natural: Managing Catastrophes + The Climate Crisis | Dr. Samanta Montano How White People Pushed Out Hawai'i's Monarchy (Teen Vogue) Naomi Klein: how power profits from disaster (The Guardian) Brad Pitt foundation agrees on $20.5m settlement to owners of faulty post-Katrina houses (The Guardian) Brad Pitt and the Bizarre Charity Mess That’s Left Katrina Victims Stranded Again (The Hollywood Reporter) Thanks to our sponsors!! TryFum.com/EcoChic for 10% off the Journey Pack HelloFresh.com/50ecochic for 50% off plus free shipping Sign up for our biweekly newsletter here!! Sign up for our community spotlight here!! Let's connect - @ecochicpodcast on Instagram + @lauraediez on Tiktok. Email me at [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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Hello, hello, welcome back to Eco-Sheek. My name is Laura Diaz. I hope you're having a really

1:04.4

wonderful day. Today's episode is on a topic I was really looking forward to speaking about

1:10.0

because it is both a current event

1:12.5

and an ongoing event in the climate space, especially as we're seeing more and more places

1:18.6

being impacted by quote unquote natural disasters.

1:22.1

I say quote unquote because we have talked before on the show.

1:24.9

I'll link some episodes in the show notes discussing how natural disasters are not necessarily becoming more frequent, but they're definitely becoming more intense with climate change.

1:33.3

About a week and a half ago from recording this episode, the island of Maui, especially the town of Lahaina, has been devastated by wildfires.

1:42.3

And there are a lot of discussions going on online of how you

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