Celebration capitalism as festive state of exception
Mega-events create a sense of urgency that suspends normal politics, much as disasters do, but they run on euphoria rather than shock. Under the banner of a fixed, immovable deadline, governments sign lopsided public-private partnerships in which the public bears the cost overruns and financial risk while private firms and sponsors capture the profits. Tight contracts, fast-tracked zoning and waived procurement rules become acceptable because they are framed as national celebration rather than policy.