Third World wars and oil price rises chiefly benefited imperialist economies
Evidence
Thus it is not for nothing that a great many of the wars fought during this period, including the highly destructive and virtually insane IranâIraq War (quite comparable, in its inhumanity and scale of devastation, to the American invasion of Iraq) have been between countries of the so-called âThird Worldâ. Similarly, the unbearable pressure of the stupendous rise in petroleum prices, perfected in the engineering of the ArabâIsraeli War of 1973 and much admired in Third-Worldist circles at the time, actually benefited the imperialist economies and wrecked that majority of the imperialized ones which did not themselves produce oil. â Aijaz Ahmad, In Theory, 30
Categorization
- XREF: connects to: Mises favored retaining European military presence to preserve imperial market integration â Jessica Whyte, The Morals of the Market: Human RightsâŠ, 249; Rising oil prices benefited imperialist economies while wrecking other imperialized states â Aijaz Ahmad, In Theory: Classes, Nations, Literatures, 84