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
Featuring Giuliano Garavini on his book The Rise and Fall of OPEC in the Twentieth Century. The second in a two-part series on the 20th-century history of petrostates, petrocapitalists, and the world system.
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