The New Latin American “Progresismo” and the Extractivism of the 21st Century

by Carmelo Ruiz Marrero from Americas Program.

I believe that the author is right on the mark in arguing this thesis:

Unlike in neoliberalism, in the new Latin American “progresismo” or “21st Century Socialism” the state has much more participation in the economy and directs part of the foreign exchange funds into social programs, and also China has replaced the United States as the main importer of raw materials. But little else has changed. Instead of post-extractivism now there is neo-extractivism. Extractive activities and the export of raw materials continue as before, but are now justified with a progressive discourse.

It seems, once again, that the more things change, the more they remain the same. Perhaps this is why the Empire has blunted its attacks on the progressive movements in South America.