Energy Conflicts and Differential Profits: An Update

Shimshon Bichler and Jonathan Nitzan

EconStor Preprints from ZBW - Leibniz Information Centre for Economics

Abstract: During the late 1980s and early 1990s, we identified a new phenomenon that we called ‘energy conflicts’ and showed that these conflicts were intimately linked to the differential profitability of the leading oil companies. This link remains as true today as it was in the early 1970s. Like earlier energy conflicts, the ‘Arab Spring’, the outsourced wars that followed and the third Gulf War against ISIS continue to march to the drum beat of differential profits.

Keywords: crisis; differential accumulation; energy conflicts; Middle East; Petro-Core (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:esprep:157857

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