Energy Conflicts and Differential Profits: An Update (Reprint)

Energy Conflicts and Differential Profits: An Update (Reprint)
Bichler, Shimshon and Nitzan, Jonathan. (2014). Real-World Economics Review Blog. 11 December. (Article - Magazine; English).

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Abstract or Brief Description

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.



Publication Type

Article - Magazine


crisis differential accumulation energy conflicts Middle East Petro-Core


BN War & Peace
BN Conflict & Violence
BN State & Government
BN Region - Middle East
BN Distribution
BN Agency
BN Power
BN Region - North America
BN Business Enterprise
BN Capital & Accumulation
BN Crisis

Depositing User

Jonathan Nitzan

Date Deposited

16 Dec 2014

Last Modified

08 Apr 2016 16:00


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