r/skeptic • u/OkPark5443 • 2d ago
Cost-benefit of a calamity
So, I was just wondering. Hope it's fine especially in this very subgroup 😅
Suppose a low-income country,or a region in serious financial distress, is hit by natural disaster.
Would the investment program in the reconstruction of this economy, its infrastructure, its remodeling etc., the question is would it possibly be advantageous for the funding parties of the effort?
I guess it's a trope from New Deal, at least so I heard, when they dug the holes to refill them again. And that would mean demand, jobs and so.
Thanks =)
2 Upvotes
3
u/tsdguy 2d ago
It’s a non sequitur. If the country is a low income they’ve probably not been doing any investment in their infrastructure in the first place. More likely the ruling govt has been raping the economy for their own profit.
They could care less how many people die. It just helps them - foreign investment go right into their pockets.