Friday, 4 March 2011

Roots of the Arab Revolts and Premature Celebrations

By James Petras

What is lacking is any attempt to provide a framework for the revolt which takes account of the large scale, long and medium term socio-economic structures as well as the immediate ‘detonators’ of political action. Continue


The Collapse of the Old Oil Order
How the Petroleum Age Will End

By Michael T. Klare

Whatever the outcome of the protests, uprisings, and rebellions now sweeping the Middle East, one thing is guaranteed: the world of oil will be permanently transformed. Consider everything that’s now happening as just the first tremor of an oilquake that will shake our world to its core.
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In Case You Missed It
New Rulers of the World

A documentary film by John Pilger

'Global economy' is a modern Orwellian term. On the surface, it is instant financial trading, mobile phones, McDonald's, Starbucks, holidays booked on the net. Beneath this gloss, it is the globalisation of poverty, a world where most human beings never make a phone call and live on less than two dollars a day.
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Oil price shock; you ain't seen nothing yet: Do the math. Almost regardless of what happens to supply, demand will soon be outpacing the world’s capacity to meet it.