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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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The Historical Dynamics of Oil and Revolutionary Forces

This chapter examines the pivotal influence of the oil industry in Saudi Arabia and Iran during the mid-20th century, revealing surprising leftist movements and trade union activities. It also addresses the significant changes brought about by the Iranian revolution and the transition from coal to an oil-driven petrochemical economy.

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