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Rozario helps us understand the benefits of natural disasters in his work, What Comes Down Must Go Up: Why Disasters Have Been Good for American Capitalism. Rozario picks the San Francisco earthquake of 1906 as the starting point of American’s new way of development, he gives examples of different investors who see natural disasters as promotions for economic expansion and “opportunities for the accumulation of capital.”(Rozario. 71) He also talks about the concept of Creative Destruction, which is described as the need to destroy old structures just to make new space for newer and more developed structures of production.
The aftermath of disasters are never pretty, it always ends with massive destruction and death tolls but our modern society has found ways to exploit disasters and make profits out of it. I think the idea of Creative Destruction works very well in the development of new structures but it also bothers me that this idea only applies to those who are wealthier than most. ploopy1 makes a good comment about the people and how it is up to them how society will be rebuilt from the ashes, I find this comment meaningful because I believe that the development of our society has to involve every class. Our modern society consists of wealthy men becoming wealthier by natural disasters, while poor men become homeless, sure this cycle helps the development of our structures and capital but it does not benefit everyone, which makes it unfair for people who do not own business or expensive homes, like me.
¯\_(ツ)_/¯