Bichler & Nitzan, ‘The Road to Gaza, Part II: The Capitalization of Everything’

Abstract Our recent article on ‘The Road to Gaza’ examined the history of the three supreme-God churches and the growing role of their militias in armed conflicts and wars around the world. The present paper situates these militia wars in the broader vista of the capitalist mode of power. Focusing specifically on the Middle East, […]

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Noble, ‘Follow the Money: The Political Economy of Petrodollar Accumulation and Recycling’

Abstract This thesis makes two unique contributions to the International Political Economy literature. It presents the first comprehensive, empirical investigation of petrodollar accumulation and recycling spanning the period 1980-2021. It also corrects the misconception that petrodollar recycling in the 1970s and 1980s involved the extension of loans to developing countries using fractional reserve banking and […]

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Alberta’s Rockefeller coups, Part 6: The Financial Frauds of American Empire Are Driving Climate Disaster, But Both Could Still Be Thwarted

Regan Boychuk Author’s Note: John D. Rockefeller Sr. had the last laugh about American anti-trust law and the muck-raking media before descending to Dante’s 9th Circle in May 1937. The oil industry’s center of gravity had begun shifting towards Texas after Spindletop in 1901, but Rockefeller coups across North America in 1931, 1935, 1938, and 1940 […]

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Petrodollars 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 […]

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No. 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. […]

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