Nobel prize for studies of how institutions are formed and affect prosperity
500 years of European colonialism, extractivism and the resource curse

"Among countries colonized by European powers during the past 500 years, those that were relatively rich in 1500 are now relatively poor. We document this reversal using data on urbanization patterns and population density, which, we argue, proxy for economic prosperity. This reversal weighs against a view that links economic development to geographic factors. Instead, we argue that the reversal reflects changes in the institutions resulting from European colonialism. The European intervention appears to have created an “institutional reversal” among these societies, meaning that Europeans were more likely to introduce institutions encouraging investment in regions that were previously poor. This institutional reversal accounts for the reversal in relative incomes. We provide further support for this view by documenting that the reversal in relative incomes took place during the late eighteenth and early nineteenth centuries, and resulted from societies with good institutions taking advantage of the opportunity to industrialize."
>>
Daron Acemoglu, Simon Johnson, James A. Robinson, Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution, The Quarterly Journal of Economics, Volume 117, Issue 4, November 2002, Pages 1231–1294 (PDF>)
https://economics.mit.edu/sites/default/files/publications/reversal-of-fortune.pdf
#colonialism #extractivism #SettlerSociety #IndigenousPeoples #SocialRelations #PE #economics #democracy #RuleOfLaw #AuthoritarianRegime #populism #corruption #goverance #reforms #distrust #UnevenDevelopment #democracy #institutions #ResourceCurse #nobel

Socio-environmental conflicts of neo-extractivism and environmental regulation in Australia

"We've got a total capitulation and cave-in to the mining industry who want to keep polluting, and the logging industry who want to keep logging, It's a total betrayal, and it really shows a total lack of conviction from this government on doing the right thing by nature and keeping their promise to the community."

"The Greens have laid out two key demands for their support — changes to native logging rules, and a climate test added to environmental approvals.Our current environment laws allow native forest logging and climate damaging projects without any assessment. Those loopholes need to be closed."
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https://www.abc.net.au/news/2024-09-09/federal-government-environment-protection-agency-negotiations/104325642

Svampa, M. (2019). Neo-Extractivism in Latin America: Socio-Environmental Conflicts, the Territorial Turn, and New Political Narratives. Cambridge: Cambridge University Press.
>> https://doi.org/10.1017/9781108752589
#environment #extractivism #ResourceCurse #RawMaterials #FossilFuels #mining #loggingIndustry #ExtractiveViolence #harm #SettlerSociety #EPA #IndigenousPeoples #SocialEnvironmentalConflicts #biodiversity #laws #PoliticalEcology #ClimateEmergency

Cabo Verde vs. São Tomé: Two island nations, one thriving on tourism, the other hampered by the promise of oil. What can we learn from their economic journeys? 🏝️🛢️ #ResourceCurse #EconomicGrowth #IslandEconomies Read more: https://www.ryanjhite.com/2024/04/25/the-parallels-and-paradoxes-of-cabo-verde-and-sao-tome-and-principe-a-tale-of-two-island-nations/

@funnymonkey the #ResourceCurse

https://www.levernews.com/private-prison-firms-set-to-cash-in-on-immigrant-surveillance-boom/

#surveillancecapitalism #BorderRule #ShockDoctrine: the program, which currently keeps tabs on nearly 200,000 immigrants using technologies like ankle bracelets and facial-recognition apps, could eventually track millions of people caught in the immigration system. 
multi-million-dollar lobbying shaping ICE’s vast, and growing, surveillance regime.
#WaterWars #ResourceCurse #TheFutureIsRubble

A sordid twist on the #ResourceCurse: "Lucky" #Shell.😒 We have to end #FossilFuel reliance — for so, so many reasons. They should not be a winner from this situation. https://www.theguardian.com/business/2023/oct/16/shell-shares-hit-israel-hamas-war-oil-price-supply #FossilFuels

@stylo_the_unicorn @nulluhreins exactly...

With it's wealth being mostly #resource #exports aka. #mine|d #uranium, #copper and #gold it get's #ResourceCurse aka. #DutchDisease...
https://www.youtube.com/watch?v=rStL7niR7gs&t=973s

Fossil energy boom forecast for West Coast... https://www.youtube.com/watch?v=_4Wt2VbNkwc #ResourceCurse

Oil wealth or #ResourceCurse?

From 1980 to 2006, per capita income fell in Venezuela (6 percent), Gabon (45 percent), and Iraq (85 percent)

From myth #6 in:
https://www.drilledpodcast.com/s8-discussion-guide-debunking-the-moral-case-for-fossil-fuels/

#science #fiction #ScienceFiction #SciFi #FTW #film #movie #blue #ResourceCurse #colonialism #military #spies #robots #pandora #unobtainium #McMovie

Retro SciFi Film of the Week…

Avatar (2009)

It’s hard to believe that it’s been over a decade since Avatar was released. Chances are you’ve probably already seen this one because it was the highest-grossing film of all time when it came out.

Avatar was able to achieve two things that few other films before it did:

1. It featured an interracial romantic relationship without anyone noticing.

2. It showed topless women in a PG-13 rated film.

Even with all of the hype and the obvious preplanned blockbuster feel, it’s still a nice film and worth watching. The film is about American colonialism and serves as a surrogate for commentary about oil wars.

Depending on your perspective, the film delivers one of either two messages:

1. The US is wrong to use its military might to subjugate other less powerful countries.

- - or - -

2. We’re Americans, we’re coming to take your stuff, so bend over.

Yeah, they’re doing another one of these – it releases next month.

(fair use image from the film)

Whenever Japanese politicians or business men whine about not having enough domestic resources to exploit (so they need to rely on foreign uranium for nukes?) I guess they'd prefer their position in a society with a greater wealth gap and more corruption like a #PetroState of #BananaRepublic. We can see the same pattern, at smaller scale, with Toroku and Minamata, Can we see places as internal colonies. #ResourceCurse
#資源の呪い
- [1] https://context.reverso.net/%E7%BF%BB%E8%A8%B3/%E8%8B%B1%E8%AA%9E-%E6%97%A5%E6%9C%AC%E8%AA%9E/resource+curse
- [2] https://tr-ex.me/%E7%BF%BB%E8%A8%B3/%E8%8B%B1%E8%AA%9E-%E6%97%A5%E6%9C%AC%E8%AA%9E/resource+curse

> .. the regions now most underdeveloped and poverty-stricken are those which in the past had had the closest links with the metropolis and had enjoyed periods of boom.. Having once been the biggest producers of goods exported to Europe, or.. the #USA, and the richest sources of capital, they were abandoned by the metropolis.. when business sagged. #Potosí is the outstanding example of this descent into the vacuum.
#EduardoGaleano #OpenVeinsOfLatinAmerica on #ResourceCurse, #NutmegsCurse

> Once it had been #Potosí’s silver that nourished the great families of.. [#Lima]; now (1840-1880s).. bird-droppings.. vulgar means to the same elegant ends.. #Britain had taken #Spain’s place.. [#Peru] felt rich.. and the state carelessly used up its credit, living prodigally and mortgaging its future to #British #HighFinance.. and #Europe juggled prices.

If #Nauru had learned from #EduardoGaleano. Could the lessons have saved them from the #Poverty-inducing #ResourceCurse?

> #Lithium extraction.. will require billions of gallons of groundwater, a precious resource.. which could be contaminated for three centuries after the mining operation concludes.. [This is] a surrender to the same old story of profit-bound utilitarianism and an eagerness to accept familiar patterns of #exploitation and #exhaustion.
https://uscatholic.org/articles/202203/electric-vehicles-still-fuel-a-throwaway-culture/
#catholicchurch #catholic #electriccars #ResourceCurse #Energy #USAcatholic
* Tesla and owner goes to hell, runs us over on the way.

'... Bookchin argues that
“the most fundamental message that social ecology advances is that

the very idea of dominating nature stems from the domination of human by human.”

For an ecological society to develop, first the inter-human domination must be eradicated. '
https://roarmag.org/essays/bookchin-kurdish-struggle-ocalan-rojava/
#Bookchin sees the root of our #mechanistic #exploitation of the #Earth as a dead provider, as a #resourcecurse : Is the core problem the some #eople exist only to provide others with #resources ?

"..going back to the #Enlightenment, the 17th century .. we get this #mechanistic vision of the Earth as something that’s dead, as something that really exists only to provide people, you know, powerful human beings, with resources. And I think, at bottom, we just have to move away from that, move away completely to a different way of envisioning the #earth "
https://www.democracynow.org/2021/11/10/the_nutmegs_curse
#AmitovGhosh #writer not #mechanist #NutmegsCurse reminds me of #Galeano #stories #killed by #resourcecurse