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Friday, May 4, 2012

Extractive Capitalism and the Divisions in the Latin American Progressive Camp   by James Petras
The leading agro-mineral exporting countries, including those engaged with the world’s leading mining and energy multi-national corporations(MNC) are also those characterized as having the most independent and progressive foreign policies. Apparently the primacy of “extractive capitalism” and commodity-export based economies are no longer correlated with ‘neo-colonial’ regimes.

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