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rethinkecon.bsky.social
Rethinking Economics International
@rethinkecon.bsky.social
750 followers 16 following 53 posts
Rethinking Economics International⚡️A youth movement campaigning to make economics work for people, the planet, and social justice in the classroom and beyond.
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rethinkecon.bsky.social
Extractivism takes land, resources, and essentials away from the communities that need it all for the profit of a small minority.
Orange background, purple title with white highlight says 'environmental impacts'. Text says: "Extraction of natural resources is leading us to climate breakdown. Whether because of fossil fuels are extracted and burnt or because extracting other natural resources at huge scale causes destruction from biodiversity loss to soil degradation or water shortages. Even sustainable resources become unsustainable under extractivism because they are extracted at such a high rate that they can’t naturally replenish quick enough. Extractivism treats the environment as an externality"
April 28, 2025 at 2:18 PM
rethinkecon.bsky.social
Extractivism is bad for people & planet.
Same background as the previous slide. Text says: A photo of two diggers by a mine with a purple and orange hue. Text says: "Extractivism has been a mechanism of colonial and neo-colonial plunder. Extractivism was established on a huge scale around 500 years ago as part of colonialisation on the American, African, and Asian continents. This colonialism & exploitation of natural resources led to huge inequality. Social impacts: Extractivism allows a small minority to benefit from the extraction of natural resources. This leads to inequality both in the area where the natural resources are extracted and internationally - as those along the chain profit from them."
April 28, 2025 at 2:18 PM
rethinkecon.bsky.social
School, health, and economic infrastructure are at a standstill and millions of people have been displaced.
Text says: Since 2021, the resurgence of fighting has caused the displacement of more than seven million* people taking refuge in other countries, often in precarious living conditions. Below is a photo of displaced people taking shelter in a centre around the city it shows lots of people and children in a hall. The source of the figure quoted as 'more than seven million' is peace direct. The conflict has left school, health and economic infrastructure at a standstill and there is widespread violence against civilians, including rape, murder and looting. The conflict is also threatening biodiversity in the area. The conflict is a reflection of a series of deeper problems: institutional weakness, greed for resources, regional and national interference, poor distribution of wealth, corruption and community exclusion.
April 23, 2025 at 11:33 AM
rethinkecon.bsky.social
Joseph Kabila was reported as being in North Kivu, an area occupied by the M23.

Although Congolese citizens are not prohibited from traveling to the areas occupied by the M23 movement, his presence raises questions.
Bold highlighted title says: What has the response been? Text says: When M23 captured Goma in 2012 they were swiftly pushed back & there was a lot of intentional pressure. This time regional and international leaders have been reticent to take sides. There are some mediation efforts going on but they are struggling to produce concrete results. The Congolese population demands the immediate withdrawal of M23 & respect for national sovereignty. Below is a newspaper headline that says Angola ends mediation role in DRC-Rwanda conflict amid failed talk.
April 23, 2025 at 11:33 AM
rethinkecon.bsky.social
As well as this, the former president of the DRC, Joseph Kabila's shadow still hangs over the dynamics of the East, especially since his name often comes up in informal discussions behind the scenes of local alliances.
Bold highlighted title says: Who are M23?. Text says: M23 is a rebel group formed from a mutiny of veterans. Reports from the UN & human rights organisations show Rwanda to be providing military support for M23, which Rwanda denies despite the evidence. The situation of the Congolese Tutsi ethnic group adds a complex identity dimension to this conflict. Eastern DRC is a mineral rich region with minerals that are crucial for technology and the green transition (cobalt, tungsten, etc) and this is another factor in the conflict. Beside is a photo of a block of Tungsten.
April 23, 2025 at 11:33 AM
rethinkecon.bsky.social
What do you think? Is it time to detangle the two?

Let us know!

Read more: bit.ly/4js61lm
April 9, 2025 at 10:51 AM
rethinkecon.bsky.social
Having strong stances on degrowth and capitalism is one of the areas in which the two ideologies differ.
Pink background with pink circles and text that says: The term originated in the 1970s and its influence has grown. It’s premised on the view that capitalism & it’s growth is incompatible with a safe environment and a socially just society. It explicitly calls for a post-capitalist social structure. But there have been mixed messages by proponents of the wellbeing economy about growth and capitalism. It is not clear whether they believe a wellbeing economy is post-capitalist and anti-growth. Below is a photo of a person shrugging their shoulders with a question mark beside them.
April 9, 2025 at 10:51 AM