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OK I get it, Fred Fuentes. D'oh.

On Thu, Jun 8, 2017 at 5:45 PM, Fred Murphy <fred.r.mur...@gmail.com> wrote:

> I agree with Patrick's quote, but I don't recall saying it :)
>
>
> On Thu, Jun 8, 2017 at 5:26 PM, Patrick Bond via Marxism <
> marxism@lists.csbs.utah.edu> wrote:
>
>> ********************  POSTING RULES & NOTES  ********************
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>>
>> On 2017/06/09 12:05 AM, Louis Proyect via Marxism wrote:
>>
>>> ...I am for all attempts in Latin America to take control of country's
>>> resources and use it for the public good whether it was copper in Allende's
>>> Chile, oil in Venezuela, gas in Bolivia, etc. I thought that Federico
>>> Fuentes and the other Socialist Alliance comrades overprojected what was
>>> possible in Venezuela but I think he was right on this:
>>> http://climateandcapitalism.com/2014/05/19/dangerous-myths-a
>>> nti-extractivism/
>>>
>>
>> As Fred points out,
>>
>>    Even some of the keenest critics of extractivism in Latin America...
>>    acknowledge the need to differentiate between what they term
>>    “predatory”, “sensible” and “indispensable” extractivism. It is also
>>    true that most movements against specific extractive projects do not
>>    propose ending all extractive industries and that within local
>>    communities involved in such campaigns a variety of views exist.
>>
>>
>> Each case needs to be considered separately, but the overall net negative
>> wealth effect once GDP is properly corrected, suggests more caution is
>> needed.
>>
>> The other two factors that are more acute now than in 2014, are the
>> commodity price crash (especially in 2015) which in some cases led to
>> declining Western or BRICS corporate exploitation (especially of greenfield
>> projects) but in others led to more intense exploitation as shareholders
>> demanded profits based on high volumes of extraction rather than on the
>> high prices of prior years; and the imperative of climate change to leave
>> fossil fuels underground.
>>
>>
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