Crude Capitalism: Oil, Corporate Power, and the Making of the World Market by Ad

Description: FREE SHIPPING UK WIDE Crude Capitalism by Adam Hanieh How oil greases the wheels of global capitalism FORMAT Hardcover CONDITION Brand New Publisher Description Much more than an energy source or transport fuel, oil is woven into every aspect of contemporary life. In this original and wide-ranging analysis, Crude Capitalism argues that an understanding of oil must begin with its place in capitalism and the dynamics of capital accumulation. Tracing the development of an oil-centred world market from the late 1800s through to the current ecological catastrophe, the book explores the pivotal social transformations associated with the transition to oil: the emergence of the US as the dominant global power; the breakdown of Empire and the nature of post-war anti-colonial struggles; the origins of financial markets and the rise of the US dollar as world money; the synthetic remaking of everyday commodity production; and the profound impact that oil continues to have on global patterns of state and class formation. Grounded in a clear and accessible account of how oil markets operate today, Crude Capitalism reveals the structures of power and control within world oil, including connections to other industrial and financial sectors, and the growing significance of large oil firms in the Middle East and Asia. By centring oil in capitalism, all of this raises essential questions for what kind of politics is needed to end oil-dependency and ensure our survival as a species. Author Biography Adam Hanieh is Professor of Political Economy and Global Development at the Institute of Arab and Islamic Studies (IAIS), University of Exeter, and Joint Chair in Middle East Studies at IAIS and the Institute for International and Area Studies, Tsinghua University, China. His most recent book, Money, Markets, and Monarchies: The Gulf Cooperation Council and the Political Economy of the Contemporary Middle East (Cambridge University Press, 2018) was awarded the 2019 British International Studies Association International Political Economy Group Book Prize. Table of Contents Acknowledgements1. Approaching Oil2. Petro-Power: The Rise of the US Oil Industry3. The Middle East and the Seven Sisters4. A Russian Interlude: From Baku to the Bolsheviks5. Post-war Transitions I: Europes Shift to Oil6. Post-war Transitions II: Anti-colonial Revolt and OPEC7. Petrochemicals and the Emergence of a Synthetic World8. A Moment of Rupture: Myths and Consequences of the First Oil Shock9. US Power, Oil, and Global Finance10. Oil and Capital in Post-Soviet Russia11. A Sorority Reborn: The Western Supermajors, 1990-200512. NOCs and the New East-East Hydrocarbon Axis13. Confronting the Climate EmergencyIndex Review "The trail of the serpent reaches into all the practices of man," said Ralph Waldo Emerson, of chattel slavery, and "requires a certain shutting of the eyes." So too today does oil. Its everywhere and thats why everything feels greasy. Adam Haniehs excellent Crude Capitalism forces us to unshut our eyes, to see the way fossil fuels penetrate all aspects of modern society, both concrete and abstract. An important book. -- Greg Grandin, author of The End of the MythAdam Hanieh is essential reading for anyone hoping to understand the role of oil in the global economy. In Crude Capitalism, he has provided a field guide for navigating the difficult terrain in which we now find ourselves: situated between an accelerating climate crisis and an economy structured around fossil fuels. His insightful dissection of the often invisible ubiquity of fossil fuels in our lives - reaching far beyond energy into the food we eat, the clothes we wear and the medicines we prescribe - is integral to understanding not only why we remain so stuck in our fossil-addicted present, but critically how we might move beyond it. -- Adrienne Buller, author of The Value of a WhaleWait no longer. At last, we have a critical history of petro-power that brilliantly links commodities, capital, and climate change. Crude Capitalism is a truly stunning book, tracking the history of oil through war, imperial rivalry, global finance, and world ecology. The result is an utterly compelling work, one we urgently need both to understand the world-and to change it. -- David McNally, author of Blood and Money: War, Slavery, Finance, and EmpireAdam Haniehs analysis of Crude Capitalism, written in the tradition of Andreas Malms now classic work Fossil Capital, provides a powerful historical account of how the world oil economy is inextricably connected both to contemporary capitalism and to the current climate crisis. Following the penetration of fossil fuels into every part of the modern capitalist mechanism, Hanieh demonstrates definitively that there are no partial solutions to the planetary emergency, only ecosocialist ones. -- John Bellamy Foster, author of The Dialectics of EcologyThe worlds leading scholar of oil gives us a majestic account of how it became our daily bread. Read and run for your life. -- Andreas MalmA rewarding reconsideration of oils ascendance on the world stage. -- Publishers WeeklyAn essential contribution to debates around oil dependency and the struggle for climate justice. * Green Left *Excellent ... an invaluable read in the growing area of radical oil studies * Ephemera Journal *Crude Capitalism tackles its big, difficult themes with precision and attention to detail. It is beautifully presented and organised. -- EcologistFascinating ... a masterful historical examination of oils foundational importance to the restructuring of international financial and monetary systems at a time of acute crisis at the commanding heights of the globalizing capitalist market economy. -- Alec Fiorini * Centre on Labour, Sustainability and Global Production *A fascinating and enormously useful examination of the role oil has played in the development of global capitalism ... [Crude Capitalism] should be widely read, seriously studied and taken into the struggle for climate justice. -- Counterfire * John Clarke *An excellent book for understanding the fundamental causal connections between our economic system and the destruction of our environment wrought by the rise of oil. * Labour Hub * Promotional How oil greases the wheels of global capitalism Details ISBN1839763426 Author Adam Hanieh Publisher Verso Books ISBN-13 9781839763427 Format Hardcover Imprint Verso Books Subtitle Oil, Corporate Power, and the Making of the World Market Place of Publication London Country of Publication United Kingdom Year 2024 Publication Date 2024-09-17 UK Release Date 2024-09-17 Pages 336 Audience General ISBN-10 1839763426 DEWEY 338.27282 AU Release Date 2025-01-06 We've got this At The Nile, if you're looking for it, we've got it. 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