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The Disaster Profiteers: How Natural Disasters Make the Rich Richer and the Poor Even Poorer

Page 28

by John C. Mutter


  Pakistan, 71, 92–93

  Paulsen, Fernando, 111, 114

  peak ground acceleration (PGA), 98, 101

  Philippines, 38, 63, 78, 147–48, 156–57

  Piketty, Thomas, 42

  Piñera, Sebastián, 112, 116

  Pitt, Brad, 120

  poverty

  corruption and, 26, 48, 109

  disaster-related deaths and, 29, 41

  geography and, 51–56, 59, 65, 67, 71, 76–77, 80–82, 211

  Haiti and, 85–86, 88, 94, 97, 99, 109, 115, 118–19

  Los Angeles and, 184

  Myanmar and, 139, 145, 161

  New Orleans and, 159–60, 203

  physical aspect of, 25–26

  poverty trap, 46–48, 145, 149, 159

  Sri Lanka and, 131

  violence and, 103–4, 188

  see also wealth

  prediction

  Cyclone Nargis and, 145

  cyclones/hurricanes, 61–64

  disaster, 23–24, 137

  hazard and, 23

  Hurricane Katrina and, 168

  earthquakes, 2–3, 61, 64–70, 77, 94, 97–98

  overview, 4–5

  poverty and, 243

  Superstorm Sandy and, 80, 208

  Typhoon Naiyan (Yolanda) and, 157

  Préval, René, 94–95

  profiteering, 83, 97, 210–11, 223–24

  Prospect Theory, 4

  public unrest, disaster and

  class and, 215–20

  DDR and, 220–22

  overview, 213–15, 223–24

  purchasing power parity (PPP) adjustment, 44

  Quarantelli, Enrico, 177–79

  quarantines, 16

  Rana Plaza sweatshop collapse, 36–37, 72–73, 77, 94–95

  randomized control trials (RCTs), 10

  rebuilding, social change and

  BNOB and, 197–201

  Hurricane Katrina and, 194–97

  KBR and, 201–2

  New Orleans post-Katrina, 202–4

  overview, 191–94

  race and, 204–8

  Superstorm Sandy and, 198–200, 208–11

  Red Cross, 35, 80, 89, 147

  Rede Lecture, 25

  refugees, 37, 103, 261n41

  regional development banks, 23, 118

  ReliefWeb, 92

  Rise of the Warrior Cop (Balko), 215

  Rozario, Kevin, 193–94

  Sachs, Jeffrey, 51, 53, 78, 243–44

  Sae-A, 118–19

  Saffir-Simpson scale, 63–64, 147, 171

  see also cyclones

  Sanco Enterprises, 117–18

  Santorum, Rick, 196

  Sastry, Narayan, 201

  Schmitz, Eugene, 186–87

  Schumpeter, Joseph, 13, 96, 110, 131, 154, 192, 220

  Sebold, W. G., 22

  Sein, Thein, 150–51

  seismology

  Chile and, 110

  prediction and, 2–3, 22, 30, 120–21

  Haiti earthquake and, 5

  L’Aquila earthquake and, 69–70, 72

  Major Risks Committee, 69

  New Zealand earthquakes and, 76

  peak ground acceleration, 98

  study of earthquakes, 57, 60–61, 68–69, 76

  tectonic plate map, 57

  Tohoku earthquake and, 66

  see also earthquakes; faults

  Selth, Andrew, 153–54

  September 11, 36–37, 39, 174, 177, 201, 273n2

  Sharkey, Patrick, 197

  Shwe, Than, 164, 174

  Skidmore, Mark, 13

  slipperiness, 136

  Snow, C. P., 25

  Sobel, Russell, 202

  Solow, Robert, 239

  Solow-Swan model, 239, 242–43

  South Korea, 16

  Sri Lanka, 126–32, 137, 146

  starvation, 35–36

  Stiglitz, Joseph, 11, 42

  Stiller, Ben, 120

  Superstorm Sandy, 34, 38, 47, 59, 62, 80–81, 166, 198, 208–10

  Talmadge, Caitlin, 173

  tectonic plates, 57, 125

  see also earthquakes

  Thieves of State (Chayes), 97

  Thinking, Fast and Slow (Kahneman), 4

  Thompson, A.C., 187–88

  tofu dregs, 71, 95–96

  Tohoku earthquake, 66, 132–36, 218

  topography, 61, 64, 75–76, 100–1, 121, 130, 146

  Toya, Hideki, 13

  Transparency International, 77, 97, 110, 122, 157

  tsunamis

  death tolls and, 36

  Japan, 11, 132–38

  overview, 125–28

  Sri Lanka, 128–32

  typhoons, 11, 33, 58, 78, 148, 191

  Japanese Typhoon Warning Center, 145

  Typhoon Haiyan, 63, 147–48, 156

  Typhoon Morakot, 33

  unemployment, 86, 159, 188, 194, 203, 246

  United Nations (UN)

  Clinton, Bill and, 116

  disaster risk and, 9–10, 23, 30

  Haiti and, 87–88, 100, 103, 105–6, 117–18, 136–37

  Intergovernmental Oceanographic Commission (IOC), 127

  Intergovernmental Panel on Climate Change, 27

  MINUSTAH and, 87–88

  System of National Accounts, 43

  UNISAT, 100

  United States Agency for International Development (USAID), 90, 118

  Vacant, Fallow and Virgin Lands Management Act, 156

  van Rysselberghe, Jacqueline, 115

  volcanoes, 5, 22

  vulnerability, 18–19, 47–48, 97, 158

  warnings, 63–64, 69, 80–81, 94, 112, 126–28, 130, 145, 148–49, 151, 168, 172

  wealth

  earthquakes and, 56–58, 64–77

  GDP density map, 52

  Guttenberg-Richter relationship and, 60

  meteorology and, 61–64

  night lights data and, 53–56

  overview, 51–55

  predicting disasters and, 59–61

  storms and, 58–59

  see also poverty

  Weinstein, David, 134

  World Bank

  China and, 95–96

  Collier, Paul and, 116–17

  economic recovery and, 228

  GDP and, 42, 122, 140

  Haiti and, 88

  hazards and, 23

  Myanmar and, 140

  rebuilding and, 9, 15

  Sri Lanka and, 128, 131

  World Fact Book (CIA), 140

  World War I, 199

  World War II, 22, 24, 42, 89, 100, 140–41, 171, 199

  young urban rebuilding professionals (YURPs), 206

  About the Author

  Credit: David Dini

  John C. Mutter is a professor at Columbia University with appointments in the departments of Earth and Environmental Sciences and in International and Public Affairs. Previously deputy director of the Earth Institute, he is currently a Fellow of the American Association for the Advancement of Science. A contributor to the blog site OECD and to Earth magazine, Mutter has appeared on broadcast media, including CNN and CBS. He lives in New York City.

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  Contents

  Cover

  Title Page

  Contents

  Copyright Notice

  Introduction: Crossing the Feynman Line

  1: Natural Disasters: Agents of Social Good and Evil

  2: The Geography of Wealth and Poverty: Knowledge and Natural Disasters

  3: Carnage in the Caribbean, Chaos in Concepción

  4: Walls of Water, Oceans of Death

  5: Malevolence by Neglect in Myanmar

  6: Struck Dumb in New Orleans

  7: Rebuilding as Social Engineering

  8: Disasters as Casus Belli

  Technical Appendix I: Simplified Socioeconomics of Natural Disaster Shocks and Their Consequences

  Technical Appendix II: Disasters in Neoclassical Growth Theory

  Acknowledgments

  Notes

  Index

  About the Author

  Newsletter Signup

  Copyright

  THE DISASTER PROFITEERS. Copyright © 2015 by John C. Mutter. For information, address St. Martin’s Press, 175 Fifth Avenue, New York, N.Y. 10010.

  www.stmartins.com

  Jacket design by David Baldeosingh Rotstein

  Jacket photograph © Spencer Platt/Getty Images; back cover © Nejron Photo/Shutterstock

  Library of Congress Cataloging-in-Publication Data

  Mutter, John C.

  Disaster profiteers : how natural disasters make the rich richer and the poor even poorer / John C. Mutter.

  pages cm

  ISBN 978-1-137-27898-2 (hardcover)

  ISBN 978-1-4668-7941-6 (e-book)

  1. Natural disasters—Economic aspects. 2. Natural disasters—Social aspects. 3. Profiteering. 4. Equality. I. Title.

  HC79.D45M87 2015

  363.34’4—dc23

  2015001251

  e-ISBN 978-1-4668-7941-6

  First Edition: August 2015

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