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How should the Middle East invest its oil profits? OpenPublishing | News & Analysis
Submitted by unterschreber on Tuesday, 24 June, 2008 - 20:50
Michael Hudson

Short article from Bahrain weekly 'The Gulf' in which the author of 'Super Imperialism' and 'Global Fracture' makes what is hardly the 'modest proposal' he pretends it is, and perhaps also gives a clue as to what he thought he was doing as 'economic adviser' to Denis Kucinich's presidential run. Hudson proposes that an unspecified bloc of 'Middle Eastern' state-capital should try to settle the dollar-standard blackmail once and for all by offering to buy the US out of the military infrastructure (i.e. Iraq bases) built to enforce said blackmail. A prompt and 'fair' offer, he seems to believe, might be accepted as someone's presidential campaign plank. There's no suggestion at all of why Hudson imagines that any such 'offer' would not be taken as an Act of War by US diplomacy, which long since declared that ANY hesitation in recycling petrodollars through its financial system would be treated that way.

 

America's Free Lunch is Over
How Should the Middle East Invest Its Oil Profits?

By MICHAEL HUDSON


Forget about 'peak oil' and focus instead on 'peak power' OpenPublishing | News & Analysis
Submitted by unterschreber on Thursday, 3 April, 2008 - 19:51
A.F. Alhajji

Financial Times 'Insight' column (April 2, 'Companies & Markets' section) which may be too quick to dismiss the role of the free-falling dollar in dollar-denominated oil prices, but makes an interesting case for the necessity of the current 'speculative' $100+ a barrel rate based on total stocks, once producer countries' excess capacity levels are considered in relation to their own domestic energy needs.  The author unwittingly comes close a 'Midnight Notes'-type argument: the Opec states are forced to provide for electricity demand from growing and increasingly urbanized (read: proletarianized) populations, to the point of actually having to import oil to run power plants.  Consequently 'excess' (i.e. world market-ready) capacity is falling, pushing market prices up, even as inventories and capacity increase in absolute terms.  


Alaska Oil Spill Editorial content |
Submitted by anthony on Monday, 1 October, 2007 - 10:28
Alaska Oil Spill

Destination Darfur: a new cold war over oil Editorial content | News & Analysis
Submitted by unterschreber on Wednesday, 15 August, 2007 - 21:36
Vijay Prashad

In 'Lobster' 53 Robin Ramsay notes that the US 'military-industrial complex', in its perpetual need to generate enemies, "has just landed a big one: Africa".  While the Bush administration has created the long-lobbied for Unified Command for Africa, it's the NGOs, Hollywood liberals, Clinton functionaries and other sundry 'multilateralists' of the Save Darfur Coalition who are leading the charge.
This article comes from Counterpunch: http://www.counterpunch.org/prashad08112007.html
Ongoing coverage of military moralism on Darfur can also be found at Spiked Online, most recently: http://www.spiked-online.com/index.php?/site/article/3723/


Destination Darfur

A New Cold War Over Oil

By VIJAY PRASHAD


The great biofuel fraud OpenPublishing | News & Analysis
Submitted by unterschreber on Wednesday, 1 August, 2007 - 01:50
By F William Engdahl

OK this is hardly a scoop – even Fidel Castro has got his two contraband cents' worth in – but the basic Green agenda of making the poor pay (more) for their own reproduction could hardly be better illustrated than by exponential basic food price inflation caused by transfer of essential agriculture to biofuel production.  Environmentalism and 'neoliberal' capital are not strange bedfellows: they were joined at the pinhead from birth, as their shared hallucination of Scarcity goes to show.    

From Asia Times Online: http://www.atimes.com/

The great biofuel fraud
By F William Engdahl

That bowl of Kellogg's cornflakes on the breakfast table or the portion of pasta or corn tortillas, cheese or meat on the dinner table is going to rise in price over the coming months as sure as the sun rises in the East. Welcome to the new world food-price shock, conveniently timed to accompany the current world oil-price shock.

Curiously, it's ominously similar in many respects to the early 1970s when prices for oil and food both exploded by several


Cold death by neoliberalism: the politcal economy of fuel poverty OpenPublishing | News & Analysis
Submitted by unterschreber on Friday, 11 May, 2007 - 01:27
John Foster

From Variant (http://www.variant.randomstate.org/28texts/poverty28.html), a concise account of the mediations through which political and financial macro-policy produces, for example, 'cold-death' in Scottish housing estates.  Which amounts to a case study of non-replacement of resources -- or 'looting' -- in action.  The argument at the end for micro-production of energy as the answer rather than as part of the politics of eco-Puritan repentance is debatable to say the least, but the historical survey is surely what 'general knowledge' would have to look like in order to mean anything?


Cold Death by Neoliberalism:
The Political Economy of Fuel Poverty
John Foster


Apocalypse and/or Business as Usual? The Energy Debate After the 2004 US Presidential Elections Editorial content | Magazine
Submitted by mute on Thursday, 10 May, 2007 - 10:49
George Caffentzis

Since 2004 the rhetoric of Bush’s republican party has turned curiously green, integrating climate change as a legitimation for neoliberal imperialism. At the same time the unintended consequence of America’s unsuccessful adventures has been to enrich an ‘anti-neoliberal’ class of oil rentiers in Africa, Latin America and Asia. George Caffentzis plots the changes in the US energy policy as it turns from eco-naysayer to ecowarrior


Promised Lands Editorial content | Magazine
Submitted by mute on Wednesday, 9 May, 2007 - 14:39
Kate Rich

It’s not just the founders of hippy communes or artists like Amy Balkin who are looking for ‘a breathing space from the State’ in which to experiment with freedom and free-time. Big IT companies like Google apparently share their ideals. With a commitment to ‘me time’, the production of ‘universal access’, and (energy) sovereignty, corporates are leveraging the dream of the commons

Public Domain


Act Macro: Technological Alternatives to Green Austerity Editorial content | Magazine
Submitted by mute on Wednesday, 9 May, 2007 - 09:16
James Woudhuysen

The emerging capitalist War On Global Warming concentrates on adapting technology and behaviour – particularly other nation-states’ – to mitigate environmental damage. Transformative technological and social innovation is better than meddling micro-action, argues James Woudhuysen


Contours of the Putin era Editorial content | News & Analysis
Submitted by unterschreber on Friday, 4 May, 2007 - 20:59
Tony Wood

From New Left Review, an overview of Putin's Russia which avoids the usual cliches about authoritarian nationalism versus oligarchic anarchy etc.  While a state apparatus riddled (compared to, say, the late 'Soviet' Politburo) with serving security personnel is active at evey level of business, so representation of the business elite within the state has actually expanded significantly since the Yeltsin era.  Unprecedented growth of state bureacracy is complimented by what some analysts call exceptional 'non-institutionalization' of public life, and certainly by the complimentary growth of a structurally essential informal-criminal sector.   And underlying the administration's play for geopolitcal prestige is the policy of holding oil proceeds in dollars and euros, committing the country to what Wood calls 'deferred suicide' through non-reproduction (eg. one hospital in five lacks hot water and sewage facilities).

TONY WOOD
CONTOURS OF THE PUTIN ERA
A response to Vladimir Popov


The best hope for energy security OpenPublishing | News & Analysis
Submitted by matthew hyland on Saturday, 8 July, 2006 - 00:54
Martin Wolf

The Green=Malthusian case restated from a neoclassical/'market' economics perspective.  No this doesn't imply that it's an intrinsically 'right-wing' argument, just that even bourgeois analysts can see the connection when their brief is to worry about medium to long-term material conditions rather than simply cheerleading for 'ethical' antipolitics.

The best hope for energy security

By Martin Wolf

Published: July 4 2006 19:18 | Last updated: July 4 2006 19:18

Repent, for the end of the world is nigh. This is an element in many religious beliefs. Thomas Malthus, the early 19th century forefather of environmental doomsayers, brought it into the modern era with his remark that: “The power of population is so superior to the power of the earth to produce subsistence for man, that premature death must in some shape or other visit the human race.” Malthus was wrong: the world’s population has risen six-fold since his day, while life expectancy has doubled. So will contemporary Malthusians prove right about energy?


Nuke It, Or We Go Editorial content | Articles
Submitted by mute on Wednesday, 8 March, 2006 - 11:41
James Flint

If his controversial Gaia theory claimed to offer a holistic vision of planetary self-regulation, James Lovelock’s answer to global warming is anything but. Advocating a return to nuclear power, energy isolationism for Britain, and meat cultures grown in vats, his theories sound more cold war than new age. Interviewing him this January, novelist James Flint sampled the fall-out from an avenging Gaia

It’s rare that a book gets a three-page splash in a national newspaper, especially when that book hasn’t even been published, and especially when it’s a pop-science book. But that’s exactly how The Independent treated the news that James Lovelock, originator of the famous Gaia Hypothesis of planetary self-regulation, had written a new work, (The Revenge of Gaia: Why the Earth Is Fighting Back – and How We Can Still Save Humanity), arguing that it’s already too late to stop global warming.


McMilitarism to Go Editorial content | Articles
Submitted by mute on Tuesday, 28 February, 2006 - 17:18
Anustup Basu

What mutations in the circulatory logic of capital and spectacle have occurred since September 11th? In their 2005 book Afflicted Powers: Capital in a New Age of War, Bay Area collective Retort argue that neoliberalism has moved from an era of austerity programmes and agreements to one of all out war – over air, land, and media. Here Anustup Basu reviews their book and traces the demise of a Kantian modernity based on ‘enfranchisement and eternal peace’ and the rise of one based on ‘weak citizenship and perpetual conflict’


Peak Oil and National Security: A Critique of Energy Alternatives Editorial content | Magazine
Submitted by mute on Wednesday, 9 February, 2005 - 00:00
George Caffentzis

George Caffentzis analyses contemporary energy politics: is US national energy independence enough?


Fooling the Present, F***ing the Future Editorial content | Magazine
Submitted by mute on Monday, 1 November, 2004 - 00:00
London Rising Tide

Climate justice direct action group London Rising Tide visits the Science Museum's new exhibition, Energy - Fuelling the Future, nearly drowns in corporate doublespeak, but recovers enough to chat with a passing teacher and locate the main sponsor's Achilles heel

> California oil fields

This whole thing is so wholly, totally, sophisticatedly, elusively, plainly, horribly wrong from so many angles that it's almost impossible to know where and how to start. Since being asked to respond to this exhibition, we've uncovered layer after putrid layer of deep cynicism dressed up as 'education', 'dialogue', 'concern for the future' and the illusion of empowered participatory democracy embedded in the phrase 'have your say'.


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