When economic expansion transgresses all limits: indebtedness and extractivism as two major causes of social unrest in the coming decade

Julien-François Gerber

Indebtedness and extractivism have reached unparalleled levels worldwide. The two phenomena are intimately associated with the growth-addiction of neoliberal capitalism, which relentlessly seeks new accumulation opportunities – both virtual (financial) and spatial (as in mining, logging and planting). Debt and extractive industries have generated massive socioeconomic and environmental destabilization, but also two major potentially counterbalancing forces: anti-debt and anti-extractive movements. The objective of this project is to draw from my previous research and work towards an integrated and global overview of these movements. What is the ‘new’ nature of these movements and how do they relate to each other? How do they differ from ‘older’ economic conflicts such as land or labour struggles? What actors, strategies and circumstances have generated the most successful movements? What alternatives do they embody? Do they lead to more sustainability? Some of these movements do not go beyond narrow local claims, while others have started to consider “post-growth” alternatives, a promising approach which links with recent work in ecological economics and political ecology. Instead of focusing on specific case studies, my methodological approach consists of analysing the largest possible number of case studies available in the academic, governmental and civil society literature. As very little research has been done on anti-debt movements, a new database will have to be compiled from scratch. In contrast, anti-extractive conflicts have been extensively documented in the Environmental Justice Atlas (www.ejatlat.org), a rich database to which I have contributed. However, the EJAtlas is still largely under-explored theoretically. Dialoguing with the works of anthropologist David Graeber, philosopher Maurizio Lazzarato and ecological economist Joan Martinez-Alier, this project will generate three academic articles and be expanded into a major book project. It will also produce analyses and bottom-up policy implications to be circulated among activists, practitioners and a wider public.

Copyright © 2025 Independent Social Research Stichting | Registered Head Office: WTC Schiphol Airport, Schiphol Boulevard 359, 1118BJ Amsterdam, Netherlands