Abstract

ABSTRACT This article explores the role of business elites in the conversion of rural landscapes into urban real estate in El Salvador. By analyzing elites’ imaginaries of development and strategies of dispossession, it examines the underlying rationalities that have driven rural-to-urban transformations since the postwar process of deagrarianization in the 1990s. I argue that elites have shifted their relationship with land from one centered international commodity markets to one focused on the establishment of rent-extractive property relations. In the context of financialization, this shift shapes much of the new dynamics on land and water grabbing in rural environments.

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