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Latin America in the vortex of social change: Development and social movement dynamics

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  • Veltmeyer, Henry

Abstract

Latin America is caught up in a vortex of social change produced by the complex and conflicting dynamics of capitalist development and the forces of resistance mobilized in or against this process. In this paper I propose to deconstruct and dissect these dynamics. First, I reconstruct three cycles of development and resistance that mark the evolution of capitalism in the region. Second, I review and briefly discuss the advance of resource-seeking ‘extractive’ capital in the development process. It is argued that this advance is the defining feature of what might be understood as the new geo-economics of capital in the region. The methodology employed is a structural-strategic analysis within a political economy theoretical framework. The study is intended as an empirical and theoretical contribution to the growing literature and debate surrounding an understanding of the contemporary dynamics of capitalist development in Latin America. At issue are the development and resistance dynamics of extractivism.

Suggested Citation

  • Veltmeyer, Henry, 2020. "Latin America in the vortex of social change: Development and social movement dynamics," World Development, Elsevier, vol. 130(C).
  • Handle: RePEc:eee:wdevel:v:130:y:2020:i:c:s0305750x20300425
    DOI: 10.1016/j.worlddev.2020.104916
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    References listed on IDEAS

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    1. Bebbington, Anthony & Humphreys Bebbington, Denise & Bury, Jeffrey & Lingan, Jeannet & Muñoz, Juan Pablo & Scurrah, Martin, 2008. "Mining and Social Movements: Struggles Over Livelihood and Rural Territorial Development in the Andes," World Development, Elsevier, vol. 36(12), pages 2888-2905, December.
    2. Hans-Jürgen Burchardt & Kristina Dietz, 2014. "(Neo-)extractivism – a new challenge for development theory from Latin America," Third World Quarterly, Taylor & Francis Journals, vol. 35(3), pages 468-486, March.
    3. Anthony Bebbington & Jeffrey Bury & Denise Humphreys Bebbington & Jeannet Lingan & Juan Pablo Muñoz & Martin Scurrah, 2008. "Mining and social movements: struggles over Mining and social movements: struggles over livelihood and rural territorial development in the Andes," Global Development Institute Working Paper Series 3308, GDI, The University of Manchester.
    4. Ocampo, José Antonio, 2007. "The macroeconomics of the Latin American economic boom," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    5. Jean Grugel & Pía Riggirozzi, 2012. "Post-neoliberalism in Latin America: Rebuilding and Reclaiming the State after Crisis," Development and Change, International Institute of Social Studies, vol. 43(1), pages 1-21, January.
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