The New Extractivism: A Post-Neoliberal Development Model or Imperialism of the Twenty-First Century?

In a primary commodities boom spurred on by the rise of China, countries the world over are turning to the extraction of natural resources and the export of primary commodities as an antidote to the global recession. The New Extractivism addresses a fundamental dilemma faced by these governments: to pursue, or not, a development strategy based on resource extraction in the face of immense social and environmental costs, not to mention mass resistance from the people negatively affected by it.

With fresh insight and analysis from Argentina, Bolivia, Colombia, Ecuador, Mexico and Peru, this book looks at the political dynamics of capitalist development in a region where the neoliberal model is collapsing under the weight of a resistance movement lead by peasant farmers and indigenous communities. It calls for us to understand the new extractivism not as a viable development model for the post-neoliberal world, but as the dangerous emergence of a new form of imperialism.

James Kurth Department of Political Science,Swarthmore College James Petras Department of Sociology, CUNY Binghampton

Henry Veltmeyer is Professor of Development Studies at Saint Mary's University (Canada) and at the Universidad Autónoma de Zacatecas (Mexico). He is author, co-author and editor of over forty books on issues regarding Latin American and world development, including Critical Development Studies: Tools for Change, The Cuban Revolution as Socialist Human Development, and Development in an Era of Neoliberal Globalization. Books co-authored with James Petras include Unmasking Globalization, System in Crisis, and What's Left in Latin America.

James Petras is Professor Emeritus of Sociology at Binghampton University and Adjunct Professor in International Development Studies at Saint Mary's University (Canada). He is the author and co-author of over sixty books and numerous other writings on the dynamics of world affairs and Latin American development, including Unmasking Globalization, Social Movements and the State, Multinationals on Trial, What's Left in Latin America, and Social Movements in Latin America. Many of his periodical and political writings are accessible via www.rebelion.org.