14min chapter

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[UNLOCKED] Oil, Monopoly Capitalism, and Imperialism w/ Adam Hanieh

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CHAPTER

Capitalism and Oil in the Middle East

This chapter features a Professor of Political Economy discussing the intricate relationship between capitalism and the Middle East, particularly focusing on Palestine. The conversation explores how oil has influenced politics and society in Gulf States, challenging conventional views on the undemocratic nature of oil-rich nations. It highlights the historical transition from coal to oil, emphasizing the role of fossil fuels within capitalism and the implications for contemporary energy consumption and climate crises.

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