Best-selling journalist Antony Loewenstein trav­els across Afghanistan, Pakistan, Haiti, Papua New Guinea, the United States, Britain, Greece, and Australia to witness the reality of disaster capitalism. He discovers how companies such as G4S, Serco, and Halliburton cash in on or­ganized misery in a hidden world of privatized detention centers, militarized private security, aid profiteering, and destructive mining.

Disaster has become big business. Talking to immigrants stuck in limbo in Britain or visiting immigration centers in America, Loewenstein maps the secret networks formed to help cor­porations bleed what profits they can from economic crisis. He debates with Western contractors in Afghanistan, meets the locals in post-earthquake Haiti, and in Greece finds a country at the mercy of vulture profiteers. In Papua New Guinea, he sees a local commu­nity forced to rebel against predatory resource companies and NGOs.

What emerges through Loewenstein’s re­porting is a dark history of multinational corpo­rations that, with the aid of media and political elites, have grown more powerful than national governments. In the twenty-first century, the vulnerable have become the world’s most valu­able commodity. Disaster Capitalism is published by Verso in 2015 and in paperback in January 2017.

Profits_of_doom_cover_350Vulture capitalism has seen the corporation become more powerful than the state, and yet its work is often done by stealth, supported by political and media elites. The result is privatised wars and outsourced detention centres, mining companies pillaging precious land in developing countries and struggling nations invaded by NGOs and the corporate dollar. Best-selling journalist Antony Loewenstein travels to Afghanistan, Pakistan, Haiti, Papua New Guinea and across Australia to witness the reality of this largely hidden world of privatised detention centres, outsourced aid, destructive resource wars and militarized private security. Who is involved and why? Can it be stopped? What are the alternatives in a globalised world? Profits of Doom, published in 2013 and released in an updated edition in 2014, challenges the fundamentals of our unsustainable way of life and the money-making imperatives driving it. It is released in an updated edition in 2014.
forgodssakecover Four Australian thinkers come together to ask and answer the big questions, such as: What is the nature of the universe? Doesn't religion cause most of the conflict in the world? And Where do we find hope?   We are introduced to different belief systems – Judaism, Christianity, Islam – and to the argument that atheism, like organised religion, has its own compelling logic. And we gain insight into the life events that led each author to their current position.   Jane Caro flirted briefly with spiritual belief, inspired by 19th century literary heroines such as Elizabeth Gaskell and the Bronte sisters. Antony Loewenstein is proudly culturally, yet unconventionally, Jewish. Simon Smart is firmly and resolutely a Christian, but one who has had some of his most profound spiritual moments while surfing. Rachel Woodlock grew up in the alternative embrace of Baha'i belief but became entranced by its older parent religion, Islam.   Provocative, informative and passionately argued, For God's Sakepublished in 2013, encourages us to accept religious differences, but to also challenge more vigorously the beliefs that create discord.  
After Zionism, published in 2012 and 2013 with co-editor Ahmed Moor, brings together some of the world s leading thinkers on the Middle East question to dissect the century-long conflict between Zionism and the Palestinians, and to explore possible forms of a one-state solution. Time has run out for the two-state solution because of the unending and permanent Jewish colonization of Palestinian land. Although deep mistrust exists on both sides of the conflict, growing numbers of Palestinians and Israelis, Jews and Arabs are working together to forge a different, unified future. Progressive and realist ideas are at last gaining a foothold in the discourse, while those influenced by the colonial era have been discredited or abandoned. Whatever the political solution may be, Palestinian and Israeli lives are intertwined, enmeshed, irrevocably. This daring and timely collection includes essays by Omar Barghouti, Jonathan Cook, Joseph Dana, Jeremiah Haber, Jeff Halper, Ghada Karmi, Antony Loewenstein, Saree Makdisi, John Mearsheimer, Ahmed Moor, Ilan Pappe, Sara Roy and Phil Weiss.
The 2008 financial crisis opened the door for a bold, progressive social movement. But despite widespread revulsion at economic inequity and political opportunism, after the crash very little has changed. Has the Left failed? What agenda should progressives pursue? And what alternatives do they dare to imagine? Left Turn, published by Melbourne University Press in 2012 and co-edited with Jeff Sparrow, is aimed at the many Australians disillusioned with the political process. It includes passionate and challenging contributions by a diverse range of writers, thinkers and politicians, from Larissa Berendht and Christos Tsiolkas to Guy Rundle and Lee Rhiannon. These essays offer perspectives largely excluded from the mainstream. They offer possibilities for resistance and for a renewed struggle for change.
The Blogging Revolution, released by Melbourne University Press in 2008, is a colourful and revelatory account of bloggers around the globe why live and write under repressive regimes - many of them risking their lives in doing so. Antony Loewenstein's travels take him to private parties in Iran and Egypt, internet cafes in Saudi Arabia and Damascus, to the homes of Cuban dissidents and into newspaper offices in Beijing, where he discovers the ways in which the internet is threatening the ruld of governments. Through first-hand investigations, he reveals the complicity of Western multinationals in assisting the restriction of information in these countries and how bloggers are leading the charge for change. The blogging revolution is a superb examination about the nature of repression in the twenty-first century and the power of brave individuals to overcome it. It was released in an updated edition in 2011, post the Arab revolutions, and an updated Indian print version in 2011.
The best-selling book on the Israel/Palestine conflict, My Israel Question - on Jewish identity, the Zionist lobby, reporting from Palestine and future Middle East directions - was released by Melbourne University Press in 2006. A new, updated edition was released in 2007 (and reprinted again in 2008). The book was short-listed for the 2007 NSW Premier's Literary Award. Another fully updated, third edition was published in 2009. It was released in all e-book formats in 2011. An updated and translated edition was published in Arabic in 2012.

Australian Book Review tackles Profits of Doom

The following review of my book Profits of Doom is written by Virginia Lloyd:

One of the literary legacies of the financial crisis is a type of travel writing focused on the local social, economic, and environmental effects of unfettered global capitalism. There are two types of such books. Michael Lewis is perhaps the best known and most widely read author of the first kind, in which the reporter becomes a kind of tour guide to the financial freak show. In Boomerang (2011), Lewis shows how greed overwhelmed both the lenders and the borrowers of cheap money in places like Iceland, Ireland, and the United States. Reading him is like watching the circus through binoculars. The spectacle is both vividly close and comfortably distant; we enjoy the show but feel no direct involvement in the unfolding action.

The second type, exemplified in Antony Loewenstein’s important new book Profits of Doom, is written with the fire of the political activist. Loewenstein acknowledges the influence on his work of Naomi Klein, whose The Shock Doctrine (2007) defined a predatory ‘disaster capitalism’ that seeks to exploit war or natural disaster for private profit at the expense of local populations. Loewenstein writes: ‘Vulture, or predatory, capitalism has easily taken root in Australia and many other self-described democracies because of the limited ability and willingness of the public to scrutinise it and demand change.’

Profits of Doom is squarely a post-9/11 book, focused in large part on the unprecedented expansion of privatised surveillance and detention services on behalf of governments and even the United Nations since September 2001. We begin in remote, if familiar, territory at the Curtin Detention Centre in Western Australia. Leaked documents from the British multinational Serco, which manages refugee detention on our behalf (Australia is the only country in the world to outsource all of its detention centres), reveal price gouging, ‘extreme rates of self-harm among detained refugees’, and the ‘non-reporting of mistakes’ to avoid government penalties. Here and in chapters on Afghanistan and Christmas Island, Loewenstein illustrates the disparity between the argument of most Western governments that outsourcing is cost-efficient and the expensive facts of private service delivery. Instead, he argues that the real value of private operators like Serco is to provide governments with ‘a convenient scapegoat for systemic failures’, and reveals the tactics by which those companies avoid or minimise government oversight. ‘This blurring of responsibility and accountability is a fundamental flaw of exploitative capitalism,’ he concludes.

On Christmas Island, witnessing the arrival of a ‘visibly overcrowded boat,’ he asks those standing at the water’s edge whether ‘anyone cares that a private company is making money from greater numbers of refugee arrivals’. One local man says ‘he feels uncomfortable about it, while a tourist isn’t aware of the fact’. After reading Profits of Doom it would be difficult to remain unaware of the merry-go-round of public policy and private profit in the privatised security industry, let alone comfortable about it. Still, it is hard to agree with the book’s assumption that all outsourcing is potentially corrupt: a privatised rubbish collection and disposal service, for example, is only problematic if the service does not make the savings stipulated in a contract or if that contract is not enforced.

The exploitation of natural resources at the expense of local populations is Loewenstein’s second major theme. In Papua New Guinea, he explores the ‘resource curse’ of poor nations with rich mineral deposits. He travels to Bougainville, twenty-five years after infuriated locals forced the closure of the polluting Panguna mine and sparked a civil war, just as talk of reopening the mine has begun. In Port Moresby he listens to angry locals and records the voices of the otherwise silent majority who seem powerless in the face of a web of vested interests. These moments are among the book’s most powerful.

Some of Loewenstein’s harshest criticism is aimed at non-government organisations (NGOs) in post-disaster zones. He regards them as a ‘conduit that ensures business for Western firms’, concluding that despite noble intentions the ‘NGO-isation of humanitarian relief’ weakens local governments by channelling donor country funds through their own agencies instead of supporting local initiatives.

In the context of these perhaps overly simplistic assessments, the author remains upbeat about the power of democracy, which he optimistically conflates with awareness. As you would expect from the author of The Blogging Revolution (2008), he encourages individual citizen bloggers and social media users to provide the ‘view from the ground’. ‘Awareness doesn’t necessarily bring change,’ he writes, ‘but it’s the first, vital step in doing so.’

Profits of Doom presents research and argument rather than potential solutions. In pressing for greater regulation of NGOs and forms of investment that transcend neo-colonialism, Lowenstein writes: ‘NGOs that are locally accountable, internationally connected and financially independent have made a difference and contributed to the greater sovereignty of those nations.’ It would be easy to think that in all the book’s distressed venues of vulture capitalism there are few such models. Among the despair in Haiti, however, Loewenstein mentions the growth of the renewable energy sector there under a ‘unique model … where local NGOs partner with government departments to reduce deforestation’. This tantalisingly brief reference feels like a missed opportunity to demonstrate what is working amid disaster capitalism’s catalogue of failures. Perhaps it is the beginnings of another book. If so, I for one am looking forward to it.