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U.S. Imperialism

The Oil for Security Myth and Middle East Insecurity Related McJihad: Empire and Islam Between the US and Saudi Arabia Why the Gulf Wealth Matters to Britain [and the U.S.]
I have read nothing new in this FT review, but it is a good reminder of key actors and legacies. (I got access to the piece after googling the headline below) Britain, America, and the battle of mastery of the Middle East
"The failure of modernization theory to explain political, social, economic, and cultural processes in the Middle East and Muslim countries beyond it seemed to US establishment scholarship as less related to the theoretical fallacies of modernization theory itself and more a function of the exceptionalism of Arab or Islamic cultures more generally. While the rest of area studies and anti-establishment Middle East scholars were turning to dependency theory to underdtand socioeconomic and political processes unfolding in Africa, Asia and Latin America (Samir Amin, who is primarily Middle East scholar, is a pioneer theorist of dependency ...), mainstream Middle East Studies was turning to Islam and culture, ignoring the central attribute of imperial connections to the region that are primarily defined by oil, it was not the nature of US imperial interest in and control of oil production that was seen as "exceptional" about the region, regulating the types of its ruling reg

Jihad and Empire

The political economy of oil, empire, Saudi Arabia, "Jihad", global forces of capital, "Islam", "democracy", etc. Some interesting stuff here. I don't think though that the figure regarding the numbers of the Iraqi deaths due to sactions is accurate. Recent studies have the put the number of deaths around 200,000. I also think that Mitchell should have put both words Islam and democracy in inverted commas. "McJihad: Islam and Empire"
By authors of The Global Political Economy of Israel The authors acknowledge that their analysis/perspective is "unique". I find it so, but it is very interesting. On the one hand, the differential profits of the oil companies and the revenues of the oil-producing countries remain tightly correlated with the relative price of oil: over the past decade or so, both have plummeted in tandem. So this side of the theory still works. On the other hand, the synchronized decline of prices and earnings has occurred despite ongo- ing regional conflict and plenty of violence. On this count, the theory seems incon- sistent with recent events. Is this partial breakdown a sign of things to come? Will the differential profits of the Weapondollar-Petrodollar Coalition continue to stir Blood and Oil in the Orient , as Essad Bey (1932) poetically called it – or are we witnessing the end of an era?  Arms and Oil in the Middle East
"By 2003, the Libyan government had entered into relations with the International Monetary Fund, privatizing a number of state-owned enterprises. In 2004, Libya opened up 15 new offshore and onshore blocs to drilling. Campbell also chronicles the burrowing actions of the “Western-educated bureaucrats [who] worked to bring Libya into the fold of ‘market reforms,’ and the deepening commercial relations with British capital.”  In 2007, British Petroleum inked a deal with the Libyan Investment Corporation for the exploration of 54,000 square kilometers of the Ghadames and Sirt basins. It also signed training agreements for Libyan professionals, helping create a base for neoliberalism within the government. By 2011, 2800 Libyan professionals were studying in the United Kingdom, learning “Western values” of destatization and thus the removal of the possibility for production and power to be responsive to the demands of the people.  Libya under Qadhaffi was mercurial, but against the
The Arctic as it is known today is almost certainly gone by 2040 .  The capitalist mode of production will liberate it from ice. The good news is that " an ice-free Arctic ocean promises a shortcut for shipping between the Pacific coast of Asia and the Atlantic coasts of Europe and the Americas, and the possibility of prospecting for perhaps a fifth of the planet’s undiscovered supplies of oil and natural gas."