New financializations, old displacements: neo-extractivism, ‘whitening’, and consumption in Latin America

Social Licence to Operate

“…Important recent work has sought to fundamentally upend the colonial logics within regimes of financialisation and upon which the coloniality of extractivism and racial capitalism are predicated through robust theorisations of the functions of racial and colonial difference (Bhandar 2018;Tilley & Shilliam 2021). This work demonstrates emergent but sustained attention to the entanglements of empire, coloniality, racial capitalism and racial difference within extractive capitalism (Arboleda 2020;Gómez-Barris 2017;Guerisoli & Mandirola 2022;Murrey & Mollet forthcoming;Svampa 2018). These scholarly attentions are not merely perfunctory moves about 'additive value' (Van Sant, Milligan & Mollett 2021) -they are of tremendous weight given the historical elisions to the functions of racialisation within scholarship on business, administration and finance in the Majority World (Daley & Murrey 2022;Rutazibwa 2020;Tilley & Shilliam 2021).…”

Neo-Extractivism and Formalization of Artisanal and Small-Scale Mining—The Case of the Santurbán Moorland (Colombia)

“…In the scientific literature, neo-extractivism is analyzed as a branch of the extractive sector of the economy in LA [15]; consequently, it is an emerging issue in the field of critical studies with a progressive and neoliberal perspective [16,17]. According to Guerisoli and Mandirola [18], the neo-extractivist model 'reprioritizes' economies by relying on natural resources to take advantage of the global demand for minerals and hydrocarbons; in turn, it promotes capital accumulation, which opposes a development model [19]. In this sense, Warnecke-Berger et al [20] consider that neo-extractivism has limitations due to the contradiction with the sustainable objectives of wealth redistribution, in contrast to the potential for structural transformation and inclusive and egalitarian development.…”