Capitalizing on Catastrophe: Neoliberal Strategies in by Nandini Gunewardena, Mark Schuller, Alexander De Waal, Sara

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By Nandini Gunewardena, Mark Schuller, Alexander De Waal, Sara E. Alexander, Gregory Button, Bettina Damiani, Antonio Donini, Elizabeth Guillette, Wahneema Lubiano, Anthony Oliver-Smith, Adolph Reed Jr, Anna Belinda Sandoval Girón, Susan Stonich

In Capitalizing on disaster a world workforce of students and pros significantly research how neighborhood groups worldwide have ready for and spoke back to fresh cataclysms. The book's significant concentration is the expanding pattern to depend upon the personal area to accommodate ordinary failures and different kinds of large-scale devastation, from hurricanes and tsunamis to civil wars and commercial injuries. referred to as "disaster capitalism" via its critics, the tendency to agreement deepest pursuits to unravel sizeable, pressing public difficulties can be inevitable yet is intensely problematic—especially with admire to peoples who need assistance the main. Can inner most aid teams supply the top precedence to capability and genuine sufferers of huge failures, for instance, if that implies devoting fewer assets to conserving tourism and different ecocnomic industries? The high-profile participants to this quantity straightforwardly take on such well timed and hard questions of serious public main issue.

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16 The postconflict budget of the World Bank has gone up from just under 8 percent in 1 980 to 1 6 percent i n 1 998 ( 1 998: 1 3 ), and was estimated between 2 0 and 25 percent in 2005 (interview with author, November 2005). Paul Wolfowitz, when he left his position as assistant secretary of defense to become the president of the Deconstructing the Disaster after the Disaster 25 World Bank in June 2005, signaled a greater appetite for large-scale infra­ structure projects. This reversed predecessor Wolfensohn's first acts to pull Bank funding out of them, in response to vocal criticism by citizens rights groups (Bretton Woods Project 2005; and interview with World Bank official, November 2005).

By and large, it has become a globalized movement that appears to be ever more homogenized and institutionalized (Donini 2006) . To be fair, it has also functioned historically as an important vector for the dissemination of new and sometimes irreverent ideas and ap­ proaches in the South. As such it creates and strengthens civil society, with mixed results, in areas where civil society is weak. It can sometimes "aid vio­ lence" (Uvin 1 998; Goodhand 2006). It can also strengthen local coping mech­ anisms and enable communities to protect themselves against abuse.

S. , de la Barra 2006; Grossman 2002; Pieterse 2002) , in turn exacerbating vulnerability: "free trade agreements on poor and marginal social groups was said to be the number one risk factor in the region" (Wisner and Walker 2005a: l ) . RISE I N DISASTER CAPITALISM As disasters have an iterative relationship with vulnerability, so does disaster capitalism with neoliberalism. While extreme weather events themselves do not cause inequality associated with vulnerability, they are definitely triggers in exacerbating it.

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