Regan Boychuk Green Party of Alberta energy critic & May 2023 candidate for Banff-Kananaskis Author’s note This article will prove the United States imposed its foreign policy doctrine of “Minimum Duty” on Alberta in November 1938 and that politics in Alberta and Canada today remain in the shadow cast by that imposition of Minimum Duty. […]
Continue ReadingProfit warning: there will be blood
Shimshom Bichler and Jonathan Nitzan The following research note first appeared on Real World Economics Review Blog. We have just updated the charts in our 2014 RWER paper ‘Still About Oil?’, and the picture they portray reads like a capitalist call for arms. Beginning in the late 1980s, we suggested that, since the late 1960s, […]
Continue ReadingFrom Global Oil Politics to Desire via Gas Prices
DT Cochrane The Globe & Mail is reporting that the average fuel efficiency of new vehicles sold in 2014 dropped for the first time since 2011. The coverage suggests this is a response to falling prices at the gas pump. First, without access to the relevant data for a longer time period, it is difficult […]
Continue ReadingPetrodollars and Profit: Rethinking Political Economy through the Middle East
Max Ajl A review of Jonathan Nitzan and Shimshon Bickler’s The Scientist and the Church. Originally published at Jadaliyya Howard Page, a director at what was then Exxon, was once asked, “What would have happened if Iraq production had also surged during the 1960’s,” like that of Saudi Arabia and Iran. He responded, “I admit […]
Continue ReadingNo. 2014/04: Bichler & Nitzan, ‘Still About Oil?’
Abstract During the late 1980s and early 1990s, we identified a new Middle East phenomenon that we called ‘energy conflicts’ and argued that these conflicts were intimately linked with the global processes of capital accumulation. This paper outlines the theoretical framework we have developed over the years and brings our empirical research up to date. […]
Continue Reading