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The construction of the hydroelectric power plant Belo Monte in the Brazilian Amazon displaced thousands of families and caused complex impacts for the affected population. This paper argues that previous studies about dispossession in development contexts have considered both material and immaterial consequences but have not brought these dimensions into a conceptual context. In order to contribute to a deeper analytical knowledge of the mechanisms and multi-level effects of dispossession processes, the paper introduces a perspective on dispossession that focuses on its embeddedness in the symbolic order, its epistemic and ontological dimensions and its psychosocial consequences. Using the example of the affected riverine people, this paper shows that the politics of non-recognition used by the construction consortium caused a process of precarization. This comprised the epistemological dimension, and in turn led to a process of deterritorialization, heavily affecting the riverine people on a psychosocial level.

Towards a conceptual understanding of dispossession – Belo Monte and the precarization of the riverine people