The Role of Oil in the Global Economy

Oil has obviously continued to play a key role in the global economy and geopolitics since you know the neoliberal counter-revolution. From 1980 to today we have witnessed an enormous expansion globally of the use of all fossil fuels as weirdly even of coal so there's not been a decline in the use of any of the key fossil fuels that are responsible for climate change. That is a legacy of the so-called neoliberal order. So had there been a possibility to change a development model with the energy shocks of the 1970s we know this has not happened from 1980 to the financial crisis of 2007-2008 and possibly not even until the COVID crisis. We've experienced a period that some might argue