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WEALTH EXTRACTION AND THE EVOLUTION OF A RENTIER ECONOMY

Abstract This paper explores the dynamics of wealth extraction in contemporary economies and examines how the evolution of rentier structures has reshaped socio-economic landscapes. By defining key concepts related to wealth extraction and the rentier economy, the paper reviews historical antecedents, contemporary mechanisms, and potential future trajectories. Drawing on literature from political economy, sociology, and economics, the analysis situates wealth extraction within broader processes of financialization, neoliberal policy implementation, and global capital flows. This comprehensive examination outlines the implications for inequality, resource distribution, and future economic stability, while also suggesting policy interventions to mitigate the adverse effects of rentier practices. Introduction Economic inequality has emerged as one of the defining challenges of our era. Central to this debate is the concept of wealth extraction, wherein economic actors—ranging from tra...