Disaster Capitalists Are Circling Maui Like Buzzards
Disaster Capitalists Are Circling Maui Like Buzzards
Before the embers were even cold in Lāhainā, Maui, survivors of the wildfires started reporting cold calls from land speculators hoping to scoop up Hawaiian properties at bargain prices — proving once again that capitalists never let a good crisis go to waste.
Disaster capitalists? You know what, nevermind.
Why nevermind? It's a very real thing, Naomi Klein wrote a fantastic book on the subject. I'd recommend it
Unfortunately, many people with Native ancestry here are “land rich, money poor,” which is what speculators are banking on. Fortunately a lot of them are on the more north side of the island, which didn’t burn. But it’s bad, and Maui was rapidly turning into Oahu even before the fire.