Date: Mon, 17 Feb 2003 21:51:14 +1100
From: Steve Wright <pmargin-AT-froggy.com.au>
Subject: Re: AUT: Re: The slogan: No blood for Oil


Hi all,

taking Chris' point below: has anyone got some good leads on the nexus class
composition/oil/Middle East?

Years ago I bought the Zed Press collection Oil and the Class Struggle, and the
reader Midnight Oil certainly touches on the question ...

With any luck, Ferruccio Gambino's fine piece on class composition and the last
Gulf War may be available on the net soon - that is well worth a look.

Steve

chris wright wrote:

[snip]

>
> 4: IMO, given the list as one about class composition, we have been paying
> too little attention to the broader move to decompose labor in the Middle
> East further, esp. in light of Saudi weakness domestically and a feeling
> that Suadi Arabia is no longer sufficiently reliable and stable.  There is
> also some aspect of this which may hope to revive the weakened economy by
> the managing of oil prices, but since the oil companies will not benefit
> much from cheaper oil, this also has to do with power relations between the
> various capitalist states, in which the US hopes, IMO, to establish greater
> control over European and Japanese oil (since, for example, Iraqi oil is
> $1/barrel of high grade crude, compared to $10/barrel of medium grade crude
> from the North Sea.)  I mean, really, do the oil companies want super-cheap
> oil flooding the market?  Not really.  The issue is control and
> recomposition at several levels.
>



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