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Neoextractivism and Capitalist Development

Neoextractivism and Capitalist Development

Paperback

Series: Routledge Critical Development Studies

Real EstateGeneral Political ScienceGeneral Sociology

ISBN10: 0367666642
ISBN13: 9780367666644
Publisher: Routledge
Published: Sep 30 2020
Pages: 256
Weight: 0.81
Height: 0.54 Width: 6.14 Depth: 9.21
Language: English

The large-scale extraction of natural resources for sale in capitalist markets is not a new phenomenon, but in recent years global demand for resources has increased, leading to greater attention to the role of resource extraction in the development of the exporting countries. The term neoextractivism was coined to refer to the complex of state-private sector policies intended to utilize the income from natural resources sales for development objectives and for improving the lives of a country's citizens. However, this book argues that neoextractivism is merely another conduit for capitalist development, reinforcing the position of elites, with few benefits for working people.

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