Sunday, 24 October 2010

Michael Klare on Oil, Iraq and US Foreign Policy

Today I bought Michael Klare's Rising Powers, Shrinking Planet about the potential for global resource wars over a diminishing supply of oil and gas and the inexorably rising demand from new emerging powers that control large supplies or else have entered the New Great Game to control states that have it.

Here in these videos Klare outlines the case he argued in Blood and Oil about the centrality of oil in the consumer economies of the Global North and its increased over dependence on supplies from unstable nations in the Global South. This accounts for the invasion of Iraq, to control the supply of oil and maintain US hegemony over the Persian Gulf.

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