Material constraints to popular imaginaries: The extractive economy and resource nationalism in Bolivia

Abstract

Widespread neoliberal-era privatizations in South America's extractive economies rekindled longstanding social movement demands for nationalist control of non-renewable resources and propelled the region's left political turn over the last decade. In Bolivia, where resource extraction has dominated exports since colonial times, social movements employing resource nationalist master frames overturned governments in 1952, 2003, and 2005. In 2005 indigenous leader Evo Morales was elected president promising to direct resource wealth to generate economic development, but the structural constraints created by an extractive economy have made these goals impossible to achieve over the short and medium term. This article suggests that the clash between resource nationalist imaginaries embedded in contentious social movements and the realities of long-term extractive dependent economies not only limits government policy options but also fuels continued social protest.