The political economy of extractivism: global perspectives on the seduction of rent
- New York Routledge 2024
- vi, 222 p.
- Global Challenges in Political Economy .
Table of contents: Introduction: The Political Economy of Extractivism Hannes Warnecke-Berger and Jan Ickler
Part 1: Global Configurations
Trade, Unequal Specialization, and the Persistence of Extractivism Hannes Warnecke-Berger
Rent, Profit, Mass Consumption, or the Political Economy of Taming Rent Hartmut Elsenhans Part 2: Actors, Strategies, and the Politics of Rent
Uganda’s State Class and the Politics of Oil Julian Friesinger
Extractivism and the Resurgence of the Agrarian Elite: The Case of Coal Mining in Cesar, Colombia Kristina Dietz
The Patronal Politics of Regional Development Projects. Exploring Russia’s Far Eastern Rent Management Sebastian Hoppe
Patronage Networks and the Hope for a Better Future: Coal Mining in Indonesia Kristina Großmann Part 3: Rent and Societies: Legacies, Trajectories, and Inertias
Analyzing Rentier Societies: The Case of Venezuela Stefan Peters
Wasn’t the AKP a Developmental Coalition? The Shifting Political Settlement of the AKP Ludwig Hehl
Resource Boom and Social Policy in Authoritarian Regimes: A Case Study of Russia Heiko Pleines and Andreas Heinrich
Rents Hinder Capitalism: The Rentier Middle Classes in the Middle East Rachid Ouaissa Conclusion: Extractivism and the Seduction of Rent
For many countries, primarily in the Global South, extractivism – the exploiting and exporting of natural resources – is big business. For those exporting countries, natural resource rents create hope and promise for development which can be a seductive force. This book explores the depth of extractivism in economies around the world. The contributions to this book investigate the connection between the political economy of extractivism and its impact on the sociopolitical fabric of natural resource exporting societies in Asia, Africa, Latin America, and Eastern Europe.
The book engages with a comparative perspective on the persistence of extractivism in these four different world regions. The book focuses on the formative power of rents and argues that rents are seductive. The individual contributions flesh out this seductive force of rents on different political scales and how this seduction affects a variety of actors. The book investigates how these actors react to the prevalence of rent, how they align or break with specific political and economic strategies, and how myths of resource-driven development play out on the ground. The book, therefore, underlines that rent theory bridges current debates in different area communities and offers fresh insights into extractivist societies’ social, economic, and political dynamics.