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Honestly, I didn't and still don't really understand the phrase "disaster capitalists" which probably aided the confusion. What is it supposed to mean? Someone
by spuz 5y ago
Honestly, I didn't and still don't really understand the phrase "disaster capitalists" which probably aided the confusion. What is it supposed to mean? Someone who promotes capitalism to the point of disaster? Someone who trades with disaster as their currency?
It also doesn't help that you start with "Further evidence that...". You can't assume any of your readers are already on board with your conclusions. In my experience, the kind of people who make these kind of comments tend to be closed to debate and commenting in bad faith. For example "further evidence of political-correctness gone mad" is a classic one.
- unfocussed_mike 5y ago"Disaster capitalism" is a well-established, pretty well known rhetorical term coined by Naomi Klein, a good 15 years ago now. (The book it came from is called The Shock Doctrine) It refers to a kind of capitalism (and capitalist policy-making) that is poised ready to financially exploit the negatives of any economic shock precisely because the people involved have proximity to the very power structures that are unleashing that economic shock. It was a prediction that came true. The Brexit-leaning establishment has made a lot of money out of economic predictions and money movements triggered by Brexit, and the overlap between politicians and hedge funds/investment funds/large non-EU exporters etc. was so close as to suggest the possibility that the legislation has designs for them. "Further evidence that" is just dry humour from a Brit. We are in absolutely deep, deep **** in this country for the next two years; everything is going to be bad because the Brexit transition has unilaterally, not bilaterally, failed.