Disaster Capitalism Swoops Over Libya
Asia Times / Pepe Escobar
26-Aug-2011


Think of  the new Libya as the latest spectacular chapter in the Disaster Capitalism series. Instead of weapons of mass destruction, we had R2P ("responsibility to protect"). Instead of neo-conservatives, we had humanitarian imperialists.

But the target is the same: regime change. And the project is the same: to completely dismantle and privatize a nation that was not integrated into turbo-capitalism; to open another (profitable) land of opportunity for turbocharged neo-liberalism. The whole thing is especially handy because it is smack in the middle of a nearly global recession.

It will take some time; Libyan oil won't totally return to the market within 18 months. But there's the reconstruction of everything the North Atlantic Treaty Organization (NATO) bombed (well, not much of what the Pentagon bombed in 2003 was reconstructed in Iraq ...)  

 

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