File spoon-archives/marxism-international.archive/marxism-international_1998/marxism-international.9802, message 175


Date: Thu, 12 Feb 98 1:25:14 EST
From: boddhisatva <kbevans-AT-panix.com>
Subject: Re:M-I: marxian-defined energy finiteness







                Mark,



        Just read what I post and think about it before you go off.  I
specifically indicated that I know there is *not* a free market in oil.  I
think there is a relatively free market in oil-drilling supplies.  If you
had been on a list with me before you would know that I don't think there
is such a thing a a free market under capitalism.  That is one of its
problems. 


	Read a paper once in a while.  The house of Saud has refused to
give Americans use of the air bases in Saudi Arabia for an Iraqi strike.  


	I'm not indicating that non-OPEC exploration would destabilize
OPEC, I'm saying that any boom in exploration destabilizes OPEC. Obviously
the Saudis would try to discourage an exploration boom, just as they try
and discourage excessive production increases in the present.  Exploration
costs money and it has to be paid for with production. They have, as you
indicate, much to gain from a stable OPEC.  After all, being second to
Venezuela in exports to the US is only okay if Venezuela doesn't screw up
the "special relationship" between the US and the house of Saud by getting
too independent. 



	Finally, as I've said before, I don't think that the vast poverty
of the third world is a consequence of natural resources redistribution.
Their problem is that they haven't even gotten into the capitalist game -
for a variety of reasons.  The dialectical trend is away from scarcity
dictating economics.  Look at Japan.  





	peace





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