Abstract
Through an analysis of archival data and findings from interviews with industry leaders, I explore the genesis, rise, and fall of the various Philippine mineral regimes of the twentieth century. Specifically, I examine the background of successive and overlapping colonial and neocolonial powers in three eras: late colonial (1901–1941), national developmental (1945–1964), and state authoritarianism (1965–1985). I also briefly examine the current neoliberal mineral regime (1986–present). I argue that, to date, capitalist enterprises and neocolonial powers have pursued two contradictory paths to extract precious (gold and silver) and base (chromite, iron, copper, nickel, magnesium, and ore) metals in the Philippines. On the one hand, mining companies appropriated expansive land, underpriced labor and inexpensive food to subsidize capital expenditure and mineral operations. The appropriation of basic inputs – or what is referred to as “cheap natures” – allowed these companies to reduce their sunken investments and operational costs. But on the other hand, as the sector developed more, it became increasingly difficult to appropriate such “cheap natures.” While initially profitable because of successful appropriation of “cheap natures,” companies eventually experienced decreasing returns because of the problems this caused.
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