New Books in Critical Theory cover image

Adam Hanieh, "Crude Capitalism: Oil, Corporate Power, and the Making of the World Market" (Verso, 2024)

New Books in Critical Theory

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Intro

This chapter examines the complex interplay between oil and the global economy, highlighting the influence of corporate power and geopolitics on the oil industry. It challenges the simplistic view of oil wealth in Gulf monarchies, demonstrating how broader capitalist dynamics shape labor, governance, and economic progress across nations.

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