Graduation Year
2016
Date of Submission
12-2015
Document Type
Campus Only Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Manfred Keil
Rights Information
© 2015 Katherine J Savard
Abstract
This thesis attempts to analyze the impact of disaster capitalism on the areas affected by the Great Flood of 1993. Using Naomi Klein’s book, the Shock Doctrine, I selected three variables that can be indicators of disaster capitalism. Unemployment rates, new private housing units authorized by permit, and employment in the mining, logging, and construction industry are used. I use a comparison of means test and a difference-in- differences estimate to find if the variables were changed as a result of the flood. Unemployment rates seemed to be affected by the crisis and strongly support Klein’s theories of disaster capitalism.
Recommended Citation
Savard, Katherine J., "Disaster Capitalism: Impact on the Great Flood of 1993" (2016). CMC Senior Theses. 1256.
https://scholarship.claremont.edu/cmc_theses/1256
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.
