Date of Submission
Campus Only Senior Thesis
Bachelor of Arts
© 2015 Katherine J Savard
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.
Savard, Katherine J., "Disaster Capitalism: Impact on the Great Flood of 1993" (2016). CMC Senior Theses. 1256.
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.