From New Orleans to Puerto Rico, vulture companies run rampant

Too often after natural disasters, corporations are looking to make a profit.
I was interviewed by the US magazine Ark Republic about this issue in a story written by Jesse Shramenko. Extracts below:

Antony Loewenstein, a Jerusalem-based freelance journalist, writer and documentarian made the film, Disaster Capitalism, to address the direction of development in Haiti, Afghanistan and Papau New Guinea. For him, similar predatory choices in New Orleans after Katrina materialized in Puerto Rico following Hurricane Maria.
“After the devastating Hurricane Maria in 2017, there were moves to privatise the water, land and school system,” Loewenstein said. “The country was already financially on its knee, long troubled by a colonial relationship with Washington, but the natural disaster worsened these trends.”
Continues Loewenstein. “Charter schools are now being pushed on the nation without public consultation, akin to how authorities reacted after 2005’s Hurricane Katrina in New Orleans. In the US, the worst-off children were not helped by this policy.”
The Center for Research On Education Outcomes, revealed data in 2013 showing disparities between traditional public schools and charter schools New Orleans.
Out of 658,720 students, only 37,043 were enrolled in charter schools, 81% of whom were living in poverty. Across the board, Black charter school student and other Black charters had a total of 428 less days to learn math than Black students of traditional public schools who had 156 less days to learn math.
Charter schools, like other businesses that pop up after natural and social catastrophes bank on the misfortune of others, to simply make money, hence the term disaster capitalism. While private enterprise profits from natural disasters, the public ultimately suffers. In other words, death and destruction are big business.

Whereas privatizing government housing after Katrina was implemented, privatizing electricity is the agenda in Puerto Rico.
“Policy makers have clear choices when addressing the aftermath of a natural disaster; rebuild public services back better and more resilient to future disasters or abandon public works and solely engage the private sector. The effect of the latter is clear, making many services inaccessible for residents who can’t afford it,” Loewenstein said.

Text and images ©2024 Antony Loewenstein. All rights reserved.

Site by Common