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The Neoliberalization of (African) Nature as the

Current Phase of Ecological Imperialism

Mariko Lin Frame

To cite this article: Mariko Lin Frame (2016): The Neoliberalization of (African) Nature
as the Current Phase of Ecological Imperialism, Capitalism Nature Socialism, DOI:
10.1080/10455752.2015.1135973

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 CAPITALISM NATURE SOCIALISM, 2016
http://dx.doi.org/10.1080/10455752.2015.1135973

The Neoliberalization of (African) Nature as the

Current Phase of Ecological Imperialism
Mariko Lin Frame
Environmental Studies, University of Utah, Salt Lake City, UT, USA
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Introduction
One of the more critical sets of literature in political ecology concerns the
neoliberalization of the environment. Neoliberalism, according to this lit-
erature, has restructured the social and property relations governing nature
and ultimately allowed for its enclosure, privatization, and marketization.
This broad trend is seen as the most recent phase of capitalism and consists
of cohesive ideological and policy attributes, even as this neoliberalization
manifests differently according to localized context (Heynen et al. 2007).
Closely related are recent re-interpretations of Marxs concept of primitive
accumulation. The core idea of Marxs primitive accumulation is that the
accumulation of capital necessitates an initial separation of workers from
the means of production, such as the land. Recent interpretations argue
that primitive accumulation continues and in fact operates throughout the
entire world (De Angelis 2001; Harvey 2005).
This essay seeks to contribute to the literature on the neoliberalization of
nature and related literatures in several ways. First, it connects the concept
of ecological imperialism as espoused by Marxist Ecologists and the neoli-
beralization of nature literature, bringing together two important sets of litera-
ture in political ecology explicitly for the rst time. Both sets of literatures
could benet from their synthesis. Ecological imperialism can deepen our
understanding of the fundamental causes behind neoliberalization in the per-
iphery as well as broaden our capacity to evaluate its effects through relating it
to the accumulation of capital at the global level. The rapidly burgeoning neo-
liberalization of nature literature, in turn, can ground the theorization of eco-
logical imperialism through analysis of geographically specic, concrete
neoliberal structures and policies. Such a synthesis could offer a powerful
radical framework from which to criticize mainstream work on society and
the environment, especially work on global economic integration, which

I would like to thank Haider Khan, George DeMartino, and James Mittelman for their many conversations
and advice throughout the research process for this article.
CONTACT Mariko Lin Frame marikoframe@yahoo.com
2016 The Center for Political Ecology
 2 M. L. FRAME

often deals with economics, environmental degradation, and imperialism as

separate and unrelated issues.
From a broad perspective, I argue that when viewed in historical context,
the neoliberalization of peripheral resources created the political-socio-econ-
omic institutions necessary for the expansion of ecological imperialism.
Specically, this essay focuses on important historical changes in the regu-
lations surrounding foreign investment in African resources,1 where the
nexus of ecological imperialism and neoliberalization can clearly be witnessed.
When viewed temporally, this neoliberalization can be interpreted as the most
recent phase in the ongoing, expansionary tendencies of capital to subsume
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peripheral resources and part of the most current strategy of accumulation.

Additionally, this paper is the rst work on ecological imperialism to expli-
citly incorporate the role of Third World resistance, in particular from the
important era of economic nationalism, in shaping the current structure of
ecological imperialism and neoliberalization of nature. The neoliberal turn
can arguably be interpreted as a backlash against the protective measures
many post-colonial countries enacted during the post-independence era in
their quest for economic and national sovereignty. This political economic/
ecological context arguably set the stage for the neoliberal backlash following
the debt crisis of the developing world in the early 1980s which restored the
accessibility, and amenability, of peripheral resources to foreign capital
accumulation.

Ecological Imperialism: A Brief Overview

In its simplest denition imperialism is the system by which a dominant
power is able to control the trade, investment, labor, and natural resources
of other peoples. Theories of imperialism have always acknowledged the
role of natural resources in global capital accumulation. Lenin and Magdoff
both emphasized the role of raw material investment in the developing
world for capitalist industrialization in the core countries. However, there
are several reasons for bringing the ecological dimension into the discourse
on imperialism more explicitly. To begin with, mainstream discourses on sus-
tainability are proliferating, but largely deal with economic policies, environ-
mental degradation, and global structures of inequality as if they are separate
and unrelated issues (see World Bank 2011). Effort must be made to trace and
uncover the sources of accumulation (biophysical as well as monetary) in one
place, and the political economy, policies, and ideologies that support it, while
also examining the socio-ecological impacts that such accumulation may have
1
A short piece written by the author on ecological imperialism, ecologically unequal exchange, and the
scramble for African resources was rst published by Palgraves Encyclopedia on Imperialism and
Anti-imperilism as Ecological Imperialism and the 21st Century Scramble for African Resources. (see
Frame 2015).
 CAPITALISM NATURE SOCIALISM 3

in another place. An explicitly ecological theory of imperialism contributes to

these gaps for a less fragmented and more political discussion of sustainability
at the global level. Marxist ecologists such as Foster, York, Clark, and Moore,
and theorists of imperialism such as Magdoff, have already contributed sig-
nicantly to the topic of ecological imperialism. While the drive for capital
accumulation fundamentally undergirds ecological imperialism in all
accounts, different theorists emphasize different particular dynamics. Magd-
offs work (2003) argues that capital, in its drive for endless accumulation,
undergoes technological changes that require specic and strategic resources,
many of which are largely found overseas. Competition between capitalist
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powers intensies the expansionary dynamic. Moore conceives of imperialism

as a symbolic-material bundle of human and extra-human natures, a way of
organizing relations between humans and the rest of nature in the ceaseless
pursuit of capitalism accumulation. Increasing the extraction of surplus
value hinges on increasing labor productivity, which involves technical and
social innovation, but also the abundance of free gifts from nature. Capital-
ism, Moore asserts, has sustained itself on the basis of cheap inputs and
through mobilizing a succession of great leaps forward in the relative ecologi-
cal surplus. These dynamics necessarily push expansionary tendencies on a
global scale, as they typically result in the rapid exhaustion of nature (and
human nature) which can act as fetters on the accumulation of capital
(Moore 2001, 2003, 2011, 2012). Re-formulating Marxs original concept of
metabolic rift, Foster, Clark, and York (2011) argue that capitalist social
relations of production, that is, the separation of the workers from their
means of production, are both cause and condition of a historically distinct
and environmentally destructive capitalist geography. Foster (2002) and
Burkett (2006) have pointed out that on the level of individual capitals,
attempts to overcome ecologically produced crises of capital accumulation
can become a new source of prot and investment, a dynamic that can be wit-
nessed in ecological imperialism. Clark and Foster (2009) have linked the
issue of ecological imperialism with ecologically unequal exchange. Ecologi-
cally unequal exchange is a related literature that asserts that the world-
system is characterized by asymmetrical ows of resources from peripheral
to core areas underlying nominally equitable monetary exchanges (Hornborg
2011). Substantial empirical work, much of it creatively using current
environment-society indicators, has corroborated many of the tenets of eco-
logically unequal exchange (Muradian, OConnor, and Martinez-Alier 2002;
Perez-Rincon 2006; Jorgenson, Austin, and Dick 2009; Vallejo 2010; Jorgen-
son and Clark 2011; Jorgenson 2012; Manrique et al. 2013).2

2
Ecological imperialism and ecologically unequal exchange are not necessarily the same, as ecological
imperialism can potentially occur in absence of a net unequal ow of resources from periphery to
core. However, they are related in that they both address the ecological exploitation of the peripheral
areas by more industrialized regions. See Frame (2014) for a more in-depth discussion.
 4 M. L. FRAME

Drawing from the works of the above theorists, I had summarized some
essential attributes of ecological imperialism in other works (Frame 2014,
2015). First, ecological imperialism is rooted in the endless drive for capital
accumulation and occurs under specically capitalist relations of production.
Further, ecological imperialism hinges upon dynamics of unequal power
(economic, political, military, ideological, and so on) and dependency
within a hierarchical international division of labor in the world-system, as
a historical result of colonialism and uneven development. Third, ecological
imperialism results in some sort of negative socio-ecological impacts for per-
ipheral countries. Overall, ecological imperialism allows for displacement of
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environmental burdens outside of core/semi-peripheral national borders.

To the existing literature, I had added that the form that ecological imperi-
alism takes is also an outcome of the dialectical unfolding of movements and
countermovements that arise in response to social resistances. Ecological
imperialism necessitates an amenable political-economic context within the
imperialized country; historically this has been met with resistance at
certain times. As OConnor (1998) originally noted, nature, like labor, must
be made available to capital in requisite quantities and qualities, at the right
place and time, often by an extra-economic actor, namely the state. Contrary
to neoclassical economic theory, the price of nature in the periphery depends
not only on market supply and demand and ground rent but also on class,
anti-imperialist, and environmental struggles.
Overall, then, we dene ecological imperialism as the subjugation of the
economic, political, and/or social institutions of a (generally peripheral)
country for the biophysical, metabolic needs of the (generally core or semi-
periphery), inextricable from the purpose of making such resources accessible
and amenable (in the right quantities and for the right price) to the needs of
(foreign) capital accumulation. Understanding the structures and policies that
ensure the continued ow of both resources and prot from certain regions
and social groups to other regions and social groups is, I suggest, the study
of ecological imperialism.
One area that would push further the work on ecological imperialism a
very broad and complex topic is continued study of concrete political econ-
omic structures in the global economy, in particular surrounding inter-
national trade and foreign investment. In terms of resource transfer in the
current global economy, ecological imperialism occurs through two primary
mechanisms international trade and foreign investment (though illegal
activities like smuggling also occur, and unequal appropriation of the global
atmosphere commons could conceivably count as well). Tracing the historical
development of concrete economic policies in this study, the policies gov-
erning foreign investment allows us to recognize neoliberalism as capitals
most current strategy of accumulation.
 CAPITALISM NATURE SOCIALISM 5

Ecological Imperialism and the Neoliberalization of Nature:

Toward a Synthesis
The neoliberalization of nature literature has proliferated, with case studies
describing the process of intensied enclosures and privatization (Robbins
and Luginbuhl 2007), to case studies documenting the scaling back of
environmental protections by the state (McCarthy 2007). In his broad over-
view of this burgeoning literature, Castree (2008a) identies four issues that
still need deeper exploration: the why of the neoliberalization of nature; the
ways in which the neoliberalization of nature operates; the effects of this neo-
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liberalization; and how such effects are to be evaluated. Theories of ecological

imperialism can help address these questions. In turn, such questions can
push discussions of ecological imperialism.
Based upon his broad survey, and drawing on Polanyi, Marx, and eco-
Marxists, Castree (2008a) argues that, in a capitalist world, attempts to neo-
liberalize nature can be understood as environmental xes that are
rational for private producers and the state. Arguably Castrees most rel-
evant environmental x in the context of ecological imperialism would be
Fix 2, which stresses that certain neoliberal measures are primarily about
exposing hitherto protected or state-controlled aspects of the natural environ-
ment to market rationality and capital accumulation. Ecological imperialism
pushes this general line of argument further. For one, Castree frames his
environmental xes as providing the rational for private producers and
the state to adopt neoliberal policies. However, imperialism stresses the
issue of subjugation. The debt crises and adoption of structural adjustments
as conditionalities are very substantial reasons why neoliberal policies were
adopted in the rst place. It is not just about rationality on the part of
private producers and the state; neoliberalization of peripheral nature also
involves subjugation and lack of alternatives, born in part by the collapse of
economic nationalism, the ensuing debt crisis, and intransigent structures
of inequality in the world-system.
Relatedly, in answering the why of neoliberalism, ecological imperialism
offers a historical context. Work on ecological imperialism is historical, often
tracing the beginnings of the subjugation of the periphery to colonization. By
historicizing neoliberalism, one can trace the evolution of economic structures
and policies that affect the terms and conditions in which imperial countries
appropriate peripheral resources. Through such historical analysis the power
struggles over peripheral resources is made visible.
Further, ecological imperialism offers important ways to evaluate the
effects of neoliberalization in recipient countries. Castree (2008b) overviews
a number of works that examine the socio-economic and environmental
effects of the neoliberalization of the nature. Apparently, the discourse
focuses largely on the socio-ecological impacts, negative or positive, for the
 6 M. L. FRAME

receiving country. While understanding the multitudinous impacts of neoli-

beralization of nature in particular contexts is vital, what is missing are rela-
tional questions about distribution and accumulation at the global level.
Ecological imperialism, as discussed, concerns the subjugation of peripheral
environments so that both prot and biophysical resources ow from imper-
ialized to imperial regions.
Thus, through the lens of ecological imperialism, we could ask, for
example, the following relational questions: in terms of accumulation, does
neoliberalism re-structure governance of peripheral natures in order to
channel prots to imperial centers? Does this trend further enrich imperial
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countries and thus further expand their purchasing power and capacity to
make continuous claims on peripheral resources? In terms of the environ-
ment, does the neoliberalization of nature policies allow core countries to
import sustainability and result in some sort of externalized environmental
degradation from core to periphery? Do the neoliberal policies facilitate eco-
logically unequal exchange, an asymmetrical transfer of resources beneath a
nominally equitable monetary exchange? Are neoliberal policies at least par-
tially responsible for enabling certain social groups to appropriate and
consume a disproportionate amount of the Earths resources?
In turn, studies of how natures neoliberalization operates in practice
further the study of ecological imperialism. Identifying how neoliberalization
operates allows for a comprehensive analysis of the concrete structures and
policies that facilitate the transfer of resources and prot to imperial
regions. This is especially salient in the study of cases where, as Castree
points out, different places and environments are affected by the same set
of transnational processes and rules (e.g. global trade agreements).

Neoliberalism as Counter-Countermovement: The Historical

Context
Ecological imperialism may have begun with colonialism, but the process of
accumulation is never static. At any given point in space and time the ideo-
logical, political-economic and policy context that allows for accumulation
are distinct, and respond to a capital-society dialectic of resistance and
counter-resistance. From such as perspective, neoliberal policies embody a
backlash to what can be conceived of as a Polanyian double movement
that arose post-independence in many peripheral countries.
In the post-WWII era, as theorists of imperialism (Girvan 1975, 1976;
Magdoff 2003) have pointed out, transnational corporations (TNCs) were
dominant actors in the system of production and accumulation. Features of
transnational capitalism, according to Girvan (1976), included diversied,
internationalized production under centralized control; the massive size and
huge nancial resources of the basic institutional unit; technological
 CAPITALISM NATURE SOCIALISM 7

dynamism and vanguardism; and high and continuously growing concen-

tration of economic power. This new system came to dominate the world
economy, whether developed, underdeveloped, or socialist (Girvan 1976).
Consequently, even with independence, foreign control continued to domi-
nate post-colonial economies (Nkrumah 1966; Rodney 1981).
Due to this contradictory state of political independence coupled with
economic neocolonialism, the Third World began to challenge the control
of TNCs over their economic affairs, which necessitated asserting their sover-
eignty over their resources. The Third World began to realize that First World
dependency on their resources constituted a potential source of economic
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power and sovereignty (Lozoya 1980). In fact, the years 19721974 witnessed
a shortage of many primary commodities, especially those of strategic impor-
tance in high-growth industries, such as petroleum, bauxite, and phosphates
(Girvan 1976).
Polanyi (1957) argued that the dynamics of 19th- and early 20th-century
society were governed by a double movement: the self-regulating market
economy expanded continuously (rst movement) but this movement was
met a by a countermovement (second movement) checking the expansion.
In particular, the countermovement consisted in checking the action of the
market in respect to specic factors of production: labor, land, and money.
Polanyis double movement expresses how the market system is continuously
shaped by social resistance. Already implicit in Polanyis own work, we can
more explicitly broaden this concept to include countermovements against
an expanding global market in regards to the environment. Mittelman
(1998), Bernard (1997), and Bridge (2007), for example, have extended the
Polanyian framework in conceptualizing environmental resistance politics
as a countermovement against globalization. In the neoliberalization of
nature literature, McCarthy and Prudham (2004) have used the Polanyian
dual movement to describe the environmental protection enacted under the
Keynesian state and the subsequent assaults on it under neoliberalism. To
their work, an important consideration should be added. Many of the pre-
vious developmental policies enacted in the mid-20th century by developing
countries in their quest for national sovereignty and protection from the vicis-
situdes of the international market can be included as part of a Polanyian
double movement in regards to the environment. That is, not only did the
protections enacted under the Keynesian state have important environmental
repercussions, but the quest for national sovereignty over resources did as
well, through affecting the access, and terms of access of Third World
nature to foreign capital.3 During the post-independence period, many

3
It can be argued that the bourgeois state did, in a number of cases throughout the Third World, displace
indigenous and colonized groups from natural resources. To discuss imperialism, however, it is crucial to
differentiate between foreign capital and indigenous capital.
 8 M. L. FRAME

developing countries had adopted various state-centered, interventionist

development plans that explicitly involved regulation of foreign capital
(Haque 1999). Subsequently, however, the whole of the neoliberal project
was oriented toward the removal of these obstructions.
In the 1960s Third World countries began to challenge the power of trans-
national capital and their neocolonial situation under the aegis of economic
sovereignty. Central to this issue of economic sovereignty was sovereignty
over their own natural resources, manifest in a series of events from the
1960s to the mid-1970s. Such events included numerous state expropriations
of foreign-owned natural resource industries, the formation of primary com-
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modity cartels such as the Organization of Petroleum Exporting Countries

(OPEC), and sets of proposals that voiced Third World grievances put
forth through the United Nations platform known as the New International
Economic Order (NIEO).
The concept behind primary commodity cartels such as OPEC was to allow
countries in the Third World to actively control their terms of trade with the
industrialized world and the returns they got from the powerful multinational
corporations (MNCs). The power of transnational capital was actively con-
tested through the nationalization of foreign natural resource industries. Con-
icts between Third World states and MNCs involved in their natural
resource industries took place as early as 1937/1938 in Bolivia and Mexico
with expropriations of foreign oil companies, reaching their zenith in the
mid-1970s (Kennedy 1992). Finally, the Third World realized that without
major structural changes in the international economic system, economic
independence and development would be difcult. Hence, despite ideological
differences, the Third World adopted a series of coherent demands. The
NIEO demanded the full and permanent sovereignty of every state over its
natural resources and all economic activities, including the right to nationa-
lization or transfer of ownership to nationals (NIEO Charter 1974). Impor-
tantly, the NIEO also demanded the right for developing countries to
regulate TNCs operating within their territories in accordance with plans of
national development. The NIEO also sought to establish a more equitable
relationship between the prices of exported raw materials and imported man-
ufactures by improving terms of trade (NIEO Charter 1974).
The reaction of the West to the Third Worlds demands for adjustment of
the international economic order was a resounding rejection, heralding what
Amin regards as a new phase of aggressive anti-Third Worldism (Amin 1990).
Even before the NIEO, Northern hostility to the increasing economic nation-
alism of the Third World was apparent (Girvan 1976; Bhagwati 1977).
Foreign investment in African resource industries, for example, dropped dra-
matically due to uncertainty generated by the backlash against foreign-owned
operations in the 1970s (United Nations Conference on Trade and Develop-
ment [UNCTAD] 2005). From a political ecological perspective, the main
 CAPITALISM NATURE SOCIALISM 9

issue is simple to understand: developed countries were, and continue to be,

crucially dependent on various resources from the periphery, and the push for
sovereignty and greater returns for their exports run directly counter to the
need for cheap and accessible resources.
Yet due to a complex convergence of factors, developing countries across
the world fell into crippling levels of debt and were forced to undertake exten-
sive structural adjustment programs. By the 1980s economic nationalism in
much of the Third World had essentially collapsed, and their societies under-
went extended series of radical structural adjustments realigning their econ-
omies with the principles of laissez faire capitalism, comparative advantage,
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and increased external integration. Under the neoliberal reforms, Third

World ecological resources were once again made accessible to the
demands of foreign capital accumulation, as lingering obstructions enacted
during the developmentalist era were removed one after the other. The
Third World countermovement was replaced by the neoliberal counter-
countermovement, in a context of economic and political crisis. By the late
1970s economic nationalism was replaced by market principles through
binding trade agreements and new rules and regulations regarding foreign
investment, ultimately opening countries for foreign capital through privati-
zation and various incentives to attract MNCs.

Ecological Imperialism Today: Neoliberalization and Foreign

Investment in Africa
Ecological imperialism today is marked by both differences and continuities
with previous eras of imperialism. In Africa, despite political independence,
MNCs still concentrate in and exercise substantial control in the natural
resource sectors, supported by a comprador elite. However, in contrast to pre-
vious eras, the scale of the global ecological crises in which the current imperi-
alism is occurring is historically unprecedented, an issue intensied by the
saturation of global capitalism and industrialization of so-called emerging
economies. This section discusses these issues in the context of the neoliber-
alization of nature (specically investment policies) and ecological
imperialism.

Neoliberalization and Foreign Control over African Resources

In contrast to the colonial era, the dynamics of imperialism are occurring in
politically independent African countries. Neocolonialism today is largely
rendered through neoliberal policies and market ideology based on a particu-
lar concept of export-led development and foreign investment. A major
feature of continuity with the pre-economic nationalist era, however, is the
control of key sectors of the economy by MNCs. Foreign industries dominate
 10 M. L. FRAME

over metals and minerals production in Mali, Tanzania, Zambia, Botswana,

Gabon, Ghana, and Namibia, among others; in oil and gas, foreign industries
accounts for over half of the production on average in Sub-Saharan Arica
(UNCTAD 2007).
According to the UNCTAD (2012) report, the volume of Africas material
trade in physical terms (metric tons) rose substantially, reecting the global
interest in African resources in the 21st century. Overall, the volume of
Africas material trade in physical terms rose from almost 260 million tons
in 1980 to 506 million tons in 2008. Fossil fuels, followed by specic
metals, are African countries main exports in physical terms. After a decrease
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during the mid-1980s, exports of fossil fuels reached a peak in 2008 amount-
ing to 534 million tons.
The inuence of MNCs in this trend is reected in part in increased foreign
direct investment (FDI) inows. According to the UNCTAD World Invest-
ment Report 2013, investment in extractive industries remains the most
important driver of FDI to Africa. In East Africa, for example, recently discov-
ered gas reserves in Tanzania and oil elds in Uganda resulted in increased
FDI, as inows to the region rose from $4.5 billion in 2011 to $6.3 billion
in 2012. Central Africa also saw its inows rise to $10 billion, a record
high, maintaining a trend of increasing FDI into natural resources from
mining TNCs since 2010. In West Africa, investment in oil-producing
Ghana remained stable at $3.3 billion and mining interests in Mauritania
helped that countrys inows double to $1.2 billion (UNCTAD 2013). Fergu-
son (2005) argues that such concentration in the resource sectors creates a
form of enclavism and uneven development, as natural resource industries
generally lack linkages to the broader economy. Ecologically, despite major
reserves, international trade and foreign investment are contributing to the
depletion of regions stocks of non-renewables (UNCTAD 2012).
The neoliberalization of nature literature on international trade regimes
and foreign investment, particularly the work of McCarthy (2007), helps to
illuminate the political economic dynamics behind this trend. Two particu-
larly signicant changes in foreign investment policy have occurred with
regard to the neoliberalization of nature; multilateral and bilateral investment
treaties (BITs) and tax regimes governing the natural resource sector.
Under the auspices of creating favorable investment climates, foreign
investment regulations in many multilateral and bilateral treaties have
strongly shifted the balance of power to foreign capital. As a result, major
sectors such as mining and manufacturing have come under direct control
of foreign investors, especially due to acquisition of privatized state-owned
enterprises (Haque 1999; Bridge 2007). For example, looking at multilateral
trade agreements, McCarthy (2007) notes that the North American Free
Trade Agreement (NAFTA) and other recent trade agreements all share the
primary goals of increasing FDI and homogenizing regulatory environments
 CAPITALISM NATURE SOCIALISM 11

across and within national territories, and shifting important state functions
to the private sector. Concerning multilateral organizations, trade-related
investment measures (TRIMs) cover a broad variety of developing country
economic activity, and countries that are members of the World Trade Organ-
ization (WTO) must satisfy the performance requirements of TRIMs. The
central aim of TRIMs is to guarantee protection for Western investments.
In doing so, it bans most performance requirements on foreign rms. For
example, the TRIMs agreement bans performance requirements related to
local content (which require that locally produced goods be purchased or
used), trade balancing, export requirements (which require the export of a
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specied percentage of production volume), and it also bans requirements

on public agencies to procure goods from local suppliers. A country that
tries to impose such requirements can be taken to Dispute Settlement Mech-
anism, and will usually lose (Wade 2003). Moreover, the USA and EU want to
modify current TRIMS agreement so as to ban all performance requirements,
including for joint venturing, technology transfer, and research and develop-
ment. In essence, TRIMs restrict the right of a government to carry through
policies that favor growth and technological upgrading of domestic industries
and rms for development purposes (Wade 2003). As such, some have argued
that the WTO outlaws key investment regulations that were once crucial to
many countries development strategies (Shadlen 1999; Correa and Kumar
2003; Green and Change n.d.).
Even more stringent are BITs that have been proliferating throughout the
developing world since the early 1990s. BITs require host government to lift
even more restrictions on foreign rms, to give even more concessions, in
return for better access to the USA or other powerful party markets (Wade
2003). BITs clearly focus on foreign investment protection, and developing
countries sign BITs in order to signal to investors and attract more
foreign investment. In recent decades, BITs have become the most important
international legal mechanism for the encouragement and governance of FDI
(Neumayer and Spess 2005).
Prior to advent of BITs, the protection afforded to foreign investors was
minimal, under the customary international legal rule of minimum standard
of treatment and the so-called Hull Rule. The Hull Rule dealt exclusively with
cases of expropriation and offered no general protection against discrimina-
tory treatment. During the era of economic nationalism, developing countries
had even challenged the Hull Rules validity as part of their demands for the
NIEO (Neumayer and Spess 2005).
In essence, most BITs guarantee certain protection for foreign investors
that contrasts strongly with the demands of the NIEO. For example, BITs
typically ban discriminatory treatment against foreign investors, guarantee
appropriate compensation for expropriated property or funds, guarantee
free transfer and repatriation of capital and prots, all areas that economic
 12 M. L. FRAME

nationalism sought to regulate. Further, the BIT parties agree to submit to

binding dispute settlement should a dispute concerning these provisions
arise. Virtually any public policy regulation can be challenged through the
dispute settlement mechanism as long as it affects foreign investors (Neu-
mayer and Spess 2005).
The adoption of such treaties has been widespread throughout the devel-
oping world. Half of the Organization for Economic Cooperation and Devel-
opment (OECD) FDI into developing countries by 2000, for example, was
covered by a bilateral treaty (Hallward-Driemeier 2003). In some regions,
like Africa, most countries had by the early 2000s concluded bilateral treaties
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and signed multilateral agreements with international organizations. Ulti-

mately, these regulations limit the capacity of developing country govern-
ments to constrain TNCs (Wade 2003). Consequently, they place serious
constraints on the national development strategies of developing countries
(Shadlen 1999; Adejumobi 2003; Wade 2003).
The mining sector attracts a substantial proportion of FDI in many devel-
oping/extractive economies, and from the perspective of political ecology,
major changes in mining codes have been instrumental in making peripheral
resources both amenable and accessible to the needs of foreign capital
accumulation. The structural adjustments of the 1980s reformulated mining
codes to facilitate state withdrawal from the sector, as well as expanded oppor-
tunities for the private sector and increased various incentives for investors
(UNCTAD 2005). In the ten-year period from 1985 to 1995 over 90 countries
globally adopted new mining laws or revised existing legal codes in an effort to
promote foreign investment in their mining sector. Attracting foreign inves-
tors for economic growth and providing hard currency to developing
countries continues to be prioritized above other important social and
environmental objectives (Tockman 2001; UNCTAD 2005). Unsurprisingly,
one of the most consistent outcomes from the International Monetary
Fund imposed structural adjustment policies has been the intensication of
natural resource extraction for export markets (Tockman 2001).
The reforms have certainly created a more favorable environment for
foreign investors, but have also undermined norms and standards in areas
of crucial importance for social, environmental, and economic development
(Akabzaa 2001; Campbell 2003; Curtis and Lissu 2008). Developmental objec-
tives that hampered these goals, such as measures that sought to retain greater
earnings within the host country, or environmental regulatory measures, were
at best placed in secondary position compared to policies to attract foreign
investment and promote exports (Campbell 2003). The World Banks 1992
Strategy for African Mining the rst systematic presentation of reforms con-
sidered necessary by the Bank was based upon a survey that was sent to 80
mining companies, and recommended a stable legal and scal framework,
contractual stability, a guaranteed scal regime, prot repatriation, rule of
 CAPITALISM NATURE SOCIALISM 13

law, and so on. The report, however, did not articulate how the mining sector
would contribute to broader developmental objectives of great import, such as
the building of backward and forward linkages or the possibility of value-
added processing of minerals (Campbell 2003).
The consequences of this neoliberalization and the dynamics of global
capital accumulation became apparent in the incapacity of African countries
to retain earnings in the commodity boom of the late 2000s, which resulted in
robust world market prices for African metals but, due to low taxation levels,
relatively little revenue actually earned by African states. The Africa Progress
Report 2013 found that many such policies have continued, even despite the
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commodity boom of the 2000s and the increased prot margins of mining and
petroleum companies. For example, the report writes that until 2010, the
average royalty payment on gold exports in Sub-Saharan Africa was only 3
percent, one of lowest in world. However, world prices of gold increased
from $300 to $1600 per ounce between 2000 and 2011, while investor
prots increased at four times rate of government revenues (Africa Progress
Panel 2013). For example, in 2011 exports of mining products from Guinea
reached $1.4 billion, representing 12 percent of gross domestic product
(GDP), but government mining revenues were just $48 million, or 0.4
percent GDP (Africa Progress Panel 2013).
Another report, written by the German Development Institute, similarly
nds that Sub-Saharan Africa generally failed to benet from the high
prices of mineral and energy commodities from 2003 to 2008. While the
extractive sector experienced strong sales revenues and high inows of
direct investments, the three case study countries of Zambia, Namibia, and
Ghana indicate that they only proted more than moderately from tax rev-
enues during the commodity boom. In Zambia, for example, the report nds
that the copper and cobalt industry sold minerals to the value of over $13
billion and beneted from nearly $4 billion of FDI in the period from 2003
to 2008. However, the average implicit tax rate for the extractive sector in
Zambia from 20032008 was below 2 percent, and consequently the govern-
ment only raised tax revenues of about $393 million in that same period
(Sturmer 2010).
Importantly, this trend is abetted by the corruption and collusion of local
elites. The Africa Progress Report 2013, in a case study analysis of the Demo-
cratic Republic of the Congo (DRC), reveals how the privatization of the
DRCs minerals sector has been plagued by a culture of secrecy, informal
deals and allegations of corruption. With some of the worlds richest
mineral resources, DRC state companies are granting concessions to foreign
investors, most registered offshore, that systematically undervalue natural
resources. An analysis restricted to the years 20102012 and focusing on
only ve deals nds that between 2010 and 2012, the DRC lost at least
$1.36 billion in revenues from underpricing mining assets that were sold to
 14 M. L. FRAME

offshore companies. The report also cites a pervasive problem of tax evasion
by offshore companies and provides an estimate that rms that shift prots to
lower tax jurisdictions cost Africa $38 billion a year (Africa Progress Panel
2013).

Imperialism, Global Capitalism, and Global Ecological Crises

While such issues represent continuities with previous eras of neocolonialism,
one major difference of the imperialism of recent decades simply concerns the
intensity of the global ecological crisis. Multiple crises exist at a scale pre-
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viously unknown. In a very general way, one could claim that imperialism
today is intensied in its ecological ramications, as the very last of tropical
forests throughout the periphery, for example, are being felled due to a scram-
ble by foreign investors, or as industrial shing dangerously depletes ocean
stocks to the brink of collapse. Scholars such as Carmody (2011) and Southall
and Melber (2009) have documented scramble for the totality of African
resources, including its water supplies, timber, sheries, minerals, and fossil
fuels, with tens of millions of hectares of land already leased to foreign inves-
tors in the 21st century. Such a scramble has even pushed Ko Annan, the
former UN secretary-general, to urge David Cameron to use Britains chair-
manship of the G8 to end some of the unconscionable practices of compa-
nies exploiting Africas vast reserves of natural resources (Stewart 2013). What
is needed is to situate this scramble for Africa within the broader trend of
global ecological crises, neoliberalization of nature and ecological imperialism
issues which affect not just Africa but underscore serious contradictions in
the whole of the global capitalist economy.
While the proximate cause for this new scramble for Africa is high com-
modity prices the deeper causes are the tension between a growing global
capitalist economy and a world of nite natural resources and, as noted,
the outcome of a historical struggle that has made African ecologies both
cheap and accessible through neoliberalization (UNCTAD 2005, 2012;
Frame 2014). The scramble for African resources, abetted by high commodity
prices, reveals an important dynamic in the operations of ecological imperi-
alism discussed by Foster (2002) and Burkett (2006). Ecological crises do
not always translate into crises of capital accumulation; on the level of individ-
ual capitals, attempts to overcome ecologically produced crises of capital
accumulation can become a new source of prot and investment. Increased
global demand, coupled with dwindling supplies, helped drive up prices in
the rst decade of the 2000s, incentivizing investors in the scramble for
African resources. Hence, in contrast to the former period of imperialism,
ecological crises not just within the traditional former colonial powers
but global ecological crises are helping drive the imperialism of Africa
today. For example, in a global context of shrinking resources, investors
 CAPITALISM NATURE SOCIALISM 15

from both developed and emerging economies are trying to achieve food,
water, and energy security outside of their national boundaries through
large-scale land investments (Smaller and Mann 2009), an issue linked with
dispossession, deforestation, and social conict. Such socio-ecological conse-
quences demonstrate another fundamental tenet of ecological imperialism,
the displacement of socio-ecological burdens from certain regions to more
peripheral regions.
Such global ecological crises are also inextricably linked to another impor-
tant difference of imperialism today, namely the degree to which capitalism
has saturated the global economy. The overall economic growth and industri-
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alization of emerging economies has skyrocketed the use of resources and

their associated wastes, and is predicted to only increase (UNEP 2013). As
Moore notes, capitalism sustains itself on the basis of cheap inputs and even-
tually this leads to the exhaustion of human and extra-human natures; this
surely applies as much to the capitalism of the semi-periphery as the capital-
ism of the core. As has been noted in numerous studies (Cheru and Obi 2010),
the intensity of the resource scramble in Africa is driven by both the contin-
ued investment from the traditional imperial powers as well as considerable
investment from countries such as India and China. The capitalist industrial-
ization of the emerging economies has turned such economies from net
exporters of resources to their net importers (Singh and Eisenmenger
2010). And such SouthSouth investment was abetted, perhaps unintend-
edly, by the neoliberal structural adjustments (Kragelund 2009).

Conclusion
The new scramble for Africa reveals how African resources have been made
cheap and accessible, marking it as a last bastion of resources in a time of
global ecological crises. Yet this scramble was enabled in large part by the neo-
liberalization of nature, a broader global trend. In turn, connecting this
ongoing neoliberalization of nature to the broader issue of imperialism is
crucial to understanding the accumulation of capital and biophysical
resources, at a global level. Contextualizing the neoliberalization of nature
as a historical phase of ecological imperialism, and in particular as a backlash
against the economic nationalist policies of the post-colonial era, allows for a
radical political-ecological critique of some of the most important economic
policies currently governing international trade and foreign investment in
the periphery of the world-system.

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