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 Iran–Iraq War (quite comparable, in its inhumanity and scale of devastation, to the American invasion of Iraq) have been between countries of the so-called ‘Third World’. Similarly, the unbearable pressure of the stupendous rise in petroleum prices, perfected in the engineering of the Arab–Israeli 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. — Aijaz Ahmad, In Theory, 30

Categorization

  • XREF: connects to: Mises favored retaining European military presence to preserve imperial market integration — Jessica Whyte, The Morals of the Market: Human Rights
, 249; Rising oil prices benefited imperialist economies while wrecking other imperialized states — Aijaz Ahmad, In Theory: Classes, Nations, Literatures, 84