Abstract

In this article, a spatial political economy approach is used to examine the development of global capitalism through an analysis of the expansionary movement of commodity frontiers. It surveys the early history of oil exploitation in Chile and offers a close analysis of Patagonia’s constitution of its oil commodity frontier as Cheap Energy. It is argued that focusing on the internal relation of space and Nature can enhance our understanding of capitalism as an emergent and dynamic totality grounded in particular places where value is extracted. The article sheds new light on the spatialities of Import Substitution Industrialisation in Latin America using the case of Chile and its development agency, Corfo, and reveals how the capitalist ideology of Nature was wrought as a state project. The political economy of scale in this context is examined by analysing the central role of state and class relations in the environment-making process of capital accumulation. The article advances a new understanding of State–space within uneven and combined capitalist development. The spatial political economy lens allows for a fresh understanding of past history, which may help us understand the current ‘green’ energy transition by means of the production of space and Nature.

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