Oil And Class Struggle (Zed imperialism series)

By Terisa Nore, Petter & Turner

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• Format: Hardcover
• Language: English
• ISBN: 090576238X
• ISBN13: 9780905762388
• Release Date: January 1980
• Publisher: Zed Books Ltd
• Weight: 0.80 lbs.

Customer Reviews

Oil and Class Struggle

Oil and Class Struggle is by a radical group of radical oil scholars. Their book appears at a time when the second world oil crisis of late 1979 has reminded us of how fragile the energy base of the world today still is. The opening chapters deal with the general aspects of the oil industry. They make significant theoretical contribution to the central question of the determinants of world oil prices; and to issues such as the relationship between capital and energy, nationalization of oil resources, and alternative oil exploration strategies for Third World countries. The second half of the book deals with the impact of oil on specific countries: Iran, Iraq, Libya, Nigeria, Trinidad, Venezuela, and one case study from a new Western oil producer - the province of Alberta in Canada. Critical questions raised include the new dimensions of class formation in the oil-rich states, oil workers' struggles against their governments and the oil companies, government/oil company conflict, and the general issue, vital for more and more Third World states- of whether oil, as a resource with a constantly rising price, opens up a viable path of capitalist development. The authors' radical perspective has enabled them to go beyond what has previously been written on oil to ask new questions and propound important new theories. This new perspective, together with the empirical information collected, goes to the heart of both likely trends in oil prices in future, and the manifold impact of huge oil revenues on Third World countries. Essential reading for all those concerned with energy, both within the oil industry and outside, as for those interested generally in Third World development. --- from book's back cover