

Adam Hanieh, "Crude Capitalism: Oil, Corporate Power, and the Making of the World Market" (Verso, 2024)
Nov 2, 2024
Adam Hanieh, a Professor of Political Economy and Global Development, dives into the vital role of oil in our economy. He explores how corporate power has shaped oil pricing and distribution, revealing the intricate ties between oil and capitalism. The conversation highlights the significance of oil in geopolitical conflicts, especially post-WWII, and examines the impacts of the petrochemical revolution. Hanieh also critiques oversimplified narratives surrounding the climate crisis, urging a deeper understanding of capitalism's role in environmental challenges.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Intro
00:00 • 2min
Oil's Complex Influence on Capitalism
01:31 • 15min
Oil, War, and Geopolitics
16:48 • 6min
Oil's Geopolitical Shift Post-WWII
22:55 • 16min
The Evolution of Oil Politics and Industry in the Middle East
38:34 • 3min
The Petrochemical Revolution: A Double-Edged Sword
41:25 • 21min
Global Debt Crises: Misinterpretation and External Shock
01:02:41 • 4min
Oil Prices and Global Power Shifts
01:06:46 • 24min