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Author: Simon Bromley
Publisher: Penn State Press
ISBN: 9780271007465
Category : Technology & Engineering
Languages : en
Pages : 336
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Book Description
This volume provides a new theoretical framework for understanding both the development of the international oil industry and the role played by oil in the emergence of US postwar hegemony. As such, it directly addresses contemporary developments in international relations theory and the recent debates over the character and longevity of United States hegemony. While providing a narrative account of the oil industry from its origins in the nineteenth century through to the present, the main focus of American Hegemony and World Oil is an analytic treatment of the postwar period. Drawing widely on political economy, international relations and the recent literature on the state, the book offers a comprehensive study of the connections between United States hegemony and the international oil industry. The book begins with a critical discussion of theoretical approaches in political economy, international relations, and state theory which have informed discussions of the oil industry. Bromley goes on to survey the early emergence of the industry and its interwar consolidation, the ordering of the postwar industry under United States leadership, and the crisis of the 1970s. The book ends with an examination of the post-OPEC restructuring and the current strategies of the US, Japan, Europe, OPEC and the USSR. This book will be of interest to students of political economy, international relations, and political sociology.
Author: Simon Bromley
Publisher: Penn State Press
ISBN: 9780271007465
Category : Technology & Engineering
Languages : en
Pages : 336
Get Book Here
Book Description
This volume provides a new theoretical framework for understanding both the development of the international oil industry and the role played by oil in the emergence of US postwar hegemony. As such, it directly addresses contemporary developments in international relations theory and the recent debates over the character and longevity of United States hegemony. While providing a narrative account of the oil industry from its origins in the nineteenth century through to the present, the main focus of American Hegemony and World Oil is an analytic treatment of the postwar period. Drawing widely on political economy, international relations and the recent literature on the state, the book offers a comprehensive study of the connections between United States hegemony and the international oil industry. The book begins with a critical discussion of theoretical approaches in political economy, international relations, and state theory which have informed discussions of the oil industry. Bromley goes on to survey the early emergence of the industry and its interwar consolidation, the ordering of the postwar industry under United States leadership, and the crisis of the 1970s. The book ends with an examination of the post-OPEC restructuring and the current strategies of the US, Japan, Europe, OPEC and the USSR. This book will be of interest to students of political economy, international relations, and political sociology.
Author: David E. Spiro
Publisher: Cornell University Press
ISBN: 1501711970
Category : Political Science
Languages : en
Pages : 195
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Book Description
Between 1973 and 1980, the cost of crude oil rose suddenly and dramatically, precipitating convulsions in international politics. Conventional wisdom holds that international capital markets adjusted automatically and remarkably well: enormous amounts of money flowed into oil-rich states, and efficient markets then placed that new money in cash-poor Third World economies. David Spiro has followed the money trail, and the story he tells contradicts the accepted beliefs. Most of the sudden flush of new oil wealth didn't go to poor oil-importing countries around the globe. Instead, the United States made a deal with Saudi Arabia to sell it U.S. securities in secret, a deal resulting in a substantial portion of Saudi assets being held by the U.S. government. With this arrangement, the U.S. government violated its agreements with allies in the developed world. Spiro argues that American policymakers took this action to prop up otherwise intolerable levels of U.S. public debt. In effect, recycled OPEC wealth subsidized the debt-happy policies of the U.S. government as well as the debt-happy consumption of its citizenry.
Author: Doug Stokes
Publisher: JHU Press
ISBN: 0801894964
Category : Business & Economics
Languages : en
Pages : 295
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Book Description
An analysis of the United States and energy security that examines the close relationship between US military supremacy in oil-rich regions and America's maintenance of global power. It is suitable for scholars of US foreign policy and international relations as well as policy makers grappling with the importance of energy security.
Author: Jeff D. Colgan
Publisher: Oxford University Press
ISBN: 0197546374
Category : Political Science
Languages : en
Pages : 305
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Book Description
"When and why does international order change? Easy to take for granted, international governing arrangements shape our world. They allow us to eat food imported from other countries, live safely from nuclear war, travel to foreign cities, profit from our savings, and much else. New threats, including climate change and simmering US-China hostility, lead many to worry that the "liberal order," or the US position within it, is at risk. Theorists often try to understand that situation by looking at other cases of great power decline, like the British Empire or even ancient Athens. Yet so much is different about those cases that we can draw only imperfect lessons from them. A better approach is to look at how the United States itself already lost much of its international dominance, in the 1970s, in the realm of oil. Only now, with several decades of hindsight, can we fully appreciate it. The experiences of that partial decline in American hegemony, and the associated shifts in oil politics, can teach us a lot about general patterns of international order. Leaders and analysts can apply those lessons when seeking to understand or design new international governing arrangements on topics ranging from climate change to peacekeeping, and nuclear proliferation to the global energy transition"--
Author: Dag Harald Claes
Publisher: Edward Elgar Publishing
ISBN: 1785360183
Category : Business & Economics
Languages : en
Pages : 385
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Book Description
The Politics of Oil brings together legal studies, economics, and political science to illustrate how governments gain and exercise control over oil resources and how political actors influence the global oil market, both individually and in cooperation with each other. The author also investigates the role of oil in preserving regime stability, in civil wars and in inter-state conflicts, as well as discussing the possible implications for the oil industry from policies to combat climate change.
Author: Noam Chomsky
Publisher: Macmillan + ORM
ISBN: 1429900210
Category : Political Science
Languages : en
Pages : 324
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Book Description
From the world's foremost intellectual activist, an irrefutable analysis of America's pursuit of total domination and the catastrophic consequences that are sure to follow The United States is in the process of staking out not just the globe but the last unarmed spot in our neighborhood-the heavens-as a militarized sphere of influence. Our earth and its skies are, for the Bush administration, the final frontiers of imperial control. In Hegemony or Survival , Noam Chomsky investigates how we came to this moment, what kind of peril we find ourselves in, and why our rulers are willing to jeopardize the future of our species. With the striking logic that is his trademark, Chomsky dissects America's quest for global supremacy, tracking the U.S. government's aggressive pursuit of policies intended to achieve "full spectrum dominance" at any cost. He lays out vividly how the various strands of policy-the militarization of space, the ballistic-missile defense program, unilateralism, the dismantling of international agreements, and the response to the Iraqi crisis-cohere in a drive for hegemony that ultimately threatens our survival. In our era, he argues, empire is a recipe for an earthly wasteland. Lucid, rigorous, and thoroughly documented, Hegemony or Survival promises to be Chomsky's most urgent and sweeping work in years, certain to spark widespread debate.
Author: Arturo Santa-Cruz
Publisher: Routledge
ISBN: 135121120X
Category : Political Science
Languages : en
Pages : 184
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Book Description
In this book, Arturo Santa-Cruz advances an understanding of power as a social relationship and applies it consistently to the economic realm in United States relations with other countries of the Western Hemisphere. Following the academic and popular debate on the ebb and flow of US hegemony, this work centers the analysis in a critical case for the exercise of US power through its economic statecraft: the Americas—its historical zone of influence. The rationale for the regional focus is methodological: if it can be shown that Washington's sway has decreased in the area since the early 1970s, when the discussion about this matter started, it can be safely assumed that the same has occurred in other latitudes. The analysis focuses on three regions: North America, Central America and South America. Since each region contains countries that have at times maintained very different relationships with the United States, the findings contribute to a better understanding of the practice of US power in the sub-region in question, adding greater variability to the overall results. US Hegemony and the Americas: Power and Economic Statecraft in International Relations is an invaluable resource for students and scholars interested in Latin American History and Politics, North American Regional Integration, International Relations, Economic Statecraft, Political Economy and Comparative Politics.
Author: David M. Wight
Publisher: Cornell University Press
ISBN: 1501715747
Category : Political Science
Languages : en
Pages : 360
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Book Description
In Oil Money, David M. Wight offers a new framework for understanding the course of Middle East–US relations during the 1970s and 1980s: the transformation of the US global empire by Middle East petrodollars. During these two decades, American, Arab, and Iranian elites reconstituted the primary role of the Middle East within the global system of US power from a supplier of cheap crude oil to a source of abundant petrodollars, the revenues earned from the export of oil. In the 1970s, the United States and allied monarchies, including the House of Pahlavi in Iran and the House of Saud in Saudi Arabia, utilized petrodollars to undertake myriad joint initiatives for mutual economic and geopolitical benefit. These petrodollar projects were often unprecedented in scope and included multibillion-dollar development projects, arms sales, purchases of US Treasury securities, and funds for the mujahedin in Afghanistan. Although petrodollar ties often augmented the power of the United States and its Middle East allies, Wight argues they also fostered economic disruptions and state-sponsored violence that drove many Americans, Arabs, and Iranians to resist Middle East–US interdependence, most dramatically during the Iranian Revolution of 1979. Deftly integrating diplomatic, transnational, economic, and cultural analysis, Wight utilizes extensive declassified records from the Nixon, Ford, Carter, and Reagan administrations, the IMF, the World Bank, Saddam Hussein's regime, and private collections to make plain the political economy of US power. Oil Money is an expansive yet judicious investigation of the wide-ranging and contradictory effects of petrodollars on Middle East–US relations and the geopolitics of globalization.
Author: Kevin Phillips
Publisher: Penguin
ISBN: 1101218843
Category : Political Science
Languages : en
Pages : 585
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Book Description
An explosive examination of the coalition of forces that threatens the nation, from the bestselling author of American Dynasty In his two most recent bestselling books, American Dynasty and Wealth and Democracy, Kevin Phillips established himself as a powerful critic of the political and economic forces that rule—and imperil—the United States, tracing the ever more alarming path of the emerging Republican majority’s rise to power. Now Phillips takes an uncompromising view of the current age of global overreach, fundamentalist religion, diminishing resources, and ballooning debt under the GOP majority. With an eye to the past and a searing vision of the future, Phillips confirms what too many Americans are still unwilling to admit about the depth of our misgovernment.
Author: Timothy Mitchell
Publisher: Verso Books
ISBN: 1781681163
Category : Political Science
Languages : en
Pages : 289
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Book Description
“A brilliant, revisionist argument that places oil companies at the heart of 20th-century history—and of the political and environmental crises we now face.” —Guardian “A sweeping overview of the relationship between fossil fuels and political institutions from the industrial revolution to the Arab Spring.” —Financial Times Oil is a curse, it is often said, that condemns the countries producing it to an existence defined by war, corruption and enormous inequality. Carbon Democracy tells a more complex story, arguing that no nation escapes the political consequences of our collective dependence on oil. It shapes the body politic both in regions such as the Middle East, which rely upon revenues from oil production, and in the places that have the greatest demand for energy. Timothy Mitchell begins with the history of coal power to tell a radical new story about the rise of democracy. Coal was a source of energy so open to disruption that oligarchies in the West became vulnerable for the first time to mass demands for democracy. In the mid-twentieth century, however, the development of cheap and abundant energy from oil, most notably from the Middle East, offered a means to reduce this vulnerability to democratic pressures. The abundance of oil made it possible for the first time in history to reorganize political life around the management of something now called “the economy” and the promise of its infinite growth. The politics of the West became dependent on an undemocratic Middle East. In the twenty-first century, the oil-based forms of modern democratic politics have become unsustainable. Foreign intervention and military rule are faltering in the Middle East, while governments everywhere appear incapable of addressing the crises that threaten to end the age of carbon democracy—the disappearance of cheap energy and the carbon-fuelled collapse of the ecological order. In making the production of energy the central force shaping the democratic age, Carbon Democracy rethinks the history of energy, the politics of nature, the theory of democracy, and the place of the Middle East in our common world.
