New Books in Critical Theory

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

Nov 2, 2024
Adam Hanieh, a scholar of political economy and global development, dives into the pivotal role of oil in shaping the world market. He discusses the corporate power that influences oil pricing, distribution, and geopolitical dynamics, especially in the Middle East post-World War II. Hanieh critiques simplistic views of oil's impact on climate change and economic crises, and he examines revolutionary movements tied to the oil industry in Saudi Arabia and Iran. The conversation also highlights the shift towards the petrochemical economy and the ongoing significance of 'petrodollars' in global finance.
Ask episode
Chapters
Transcript
Episode notes