noun
a political and economic system that focuses on the extraction of natural resources for profit, often at the expense of the environment and local communities
The government's policies on extractivism have sparked debate among environmentalists.
Some people believe that extractivism is harmful to the planet.
I heard that extractivism is a big no-no in the eco-friendly community.
Extractivism is like taking the lifeblood out of the earth without giving anything back.