The Rise of Disaster Capitalism

April 15th, 2005

Last summer, in the lull of the August media doze, the Bush Administration’s doctrine of preventive war took a major leap forward. On August 5, 2004, the White House created the Office of the Coordinator for Reconstruction and Stabilization, headed by former US Ambassador to Ukraine, Carlos Pascual. Its mandate is to draw up elaborate “post conflict” plans for up to twenty-five countries that are not, as of yet, in conflict. According to Pascual, it will also be able to coordinate three full-scale reconstruction operations in different countries “at the same time,” each lasting “five to seven years.”