31 August 2006

Disaster capitalism: how to make money out of misery

The privatisation of aid after Katrina offers a glimpse of a terrifying future in which only the wealthy are saved

Naomi Klein
Wednesday August 30, 2006
The Guardian

The Red Cross has just announced a new disaster-response partnership with Wal-Mart. When the next hurricane hits, it will be a co-production of Big Aid and Big Box. This, apparently, is the lesson learned from the US government's calamitous response to Hurricane Katrina: businesses do disaster better.

"It's all going to be private enterprise before it's over," Billy Wagner, emergency management chief for the Florida Keys, currently under hurricane watch for tropical storm Ernesto, said in April. "They've got the expertise. They've got the resources." But before this new consensus goes any further, perhaps it's time to take a look at where the privatisation of disaster began, and where it will inevitably lead.

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