Why Capitalism Loves Disasters

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In this video essay, Our Changing Climate looks at why disaster capitalism exists and how it works. Specifically, they dive into the core principles behind disaster capitalism-- how crises are exploited to pass neoliberal policies, turn a profit, and privatize land and resources previously held in common. But they also dive into how climate change and the climate crisis are a gold mine for disaster capitalism.

Not only does capitalism destabilize communities on the frontlines of climate change and climate disasters, but it also capitalizes on the destruction of these natural disasters, further entrenching free-market capitalist ideas and policies. Capitalism is fueling climate change as well as profiting and exploiting the wreckage it leaves in its wake.

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