The Battle For Paradise

by Naomi Klein

For this powerful group, the lesson that Maria carried was not about the perils of economic dependency or austerity in times of climate disruption. The real problem, they argue, was the public ownership of Puerto Rico’s infrastructure, which lacked the proper free-market incentives. Rather than transforming that infrastructure so that it truly serves the public interest, they argue for selling it off at fire-sale prices to private players. This is just one part of a sweeping vision that sees Puerto Rico transforming itself into a “visitor economy,” one with a radically downsized state and many fewer Puerto Ricans living on the island. In their place would be tens of thousands of “high-net-worth individuals” from Europe, Asia, and the U.S. mainland, lured to permanently relocate by a cornucopia of tax breaks and the promise of living a five-star resort lifestyle inside fully privatized enclaves, year-round.