extractivism

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Introduction and translation by Richard Fidler September 8, 2016 — Links International Journal of Socialist Renewal reposted from Life on the Left with permission — The global drop in commodity prices has been detrimental to the development strategy of many Latin American governments, some of which had used the new income from increased exports of largely unprocessed resources, accompanied by higher royalties and taxes, during the last decade to reduce poverty levels and reinforce and institute new social programs, while attempting to create new industries oriented to the domestic market or adding value to their exports.
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A miner in Bolivia.

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By Federico Fuentes

October 31, 2014 -- Links international Journal of Socialist Renewal, a version of this article appeared first at TeleSUR English -- In recent years, a number of important discussions have emerged among and between environmentalists and solidarity activists. None has generated quite as much heat as the debate over extractive industries, particularly in South America.

This is perhaps unsurprising given what’s at stake: South America is home to some of the world’s largest and most important natural resource deposits. It is also a region dominated by progressive governments that have taken strong stances internationally in support of action on climate change, while facing criticism at home for their positions on extractive industries.