Oil Revolution: Anticolonial Elites, Sovereign Rights, and the Economic Culture of Decolonization (Global and International History)
Cambridge University Press, 6/29/2017
EAN 9781316617892, ISBN10: 1316617890
Paperback, 370 pages, 22.9 x 15.2 x 2.1 cm
Language: English
Through innovative and expansive research, Oil Revolution analyzes the tensions faced and networks created by anti-colonial oil elites during the age of decolonization following World War II. This new community of elites stretched across Iran, Iraq, Saudi Arabia, Venezuela, Algeria, and Libya. First through their western educations and then in the United Nations, the Arab League, and the Organization of Petroleum Exporting Countries, these elites transformed the global oil industry. Their transnational work began in the early 1950s and culminated in the 1973–4 energy crisis and in the 1974 declaration of a New International Economic Order in the United Nations. Christopher R. W. Dietrich examines how these elites brokered and balanced their ambitions via access to oil, the most important natural resource of the modern era.
Introduction. The cash-value of decolonization
1. One periphery
the creation of sovereign rights, 1949–55
2. Past concessions
the Arab League, sovereign rights, and OPEC, 1955–60
3. Histories of petroleum colonization
oil elites and sovereign rights, 1960–7
4. Rights and failure
the 1967 Arab oil embargo
5. Nationalist heroes
imperial withdrawal, the Cold War, and oil control, 1967–70
6. A turning point of our history
the insurrectionists and oil, 1970–1
7. A fact of life
the consolidation of sovereign rights, 1971–3
8. The OPEC syndrome
the Third World's energy crisis, 1973–5
Conclusion. Dead by its own law? Decolonization, sovereignty, and culture.