Wednesday, March 27, 2013

A prelude to the Foundation of Political Economy: Oil, War, and Global Polity

A prelude to the Foundation of Political Economy: Oil, War, and Global Polity (Economics of the Middle East)

By Dr. Cyrus Bina

 "The new book by Professor Bina places the trade in and production of petroleum into their global context, and relates them to changing conditions of political power at the international level. One need not be an expert to understand and appreciate the important arguments in this book." - John Weeks, Professor Emeritus of Economics, University of London, UK

"This is a groundbreaking volume of theory and strategy on political economy and polity of the twenty-first century, which unites domains of economics, politics, international relations, and the environment in an organic whole. Distilled in concrete terms, it elucidates the enigma of oil in view of the centrality of global social relations and with respect to two major exigencies of our time, namely, world peace, and defense of our ecosystem. A Prelude to the Foundation of Political Economy also highlights the need for detachment of US foreign policy from dependence on oil, to reveal rather vividly the illusion of America's power and leadership. This book is a wakeup call to the altered reality in which we live."

"Cyrus Bina is Distinguished Research Professor of Economics at the University of Minnesota (Morris Campus), USA. He is the author and co-editor of several scholarly books, including The Economics of the Oil Crisis, Oil: A Time Machine, and Alternative Theories of Competition: Challenges to the Orthodoxy; and has written more than two hundred scholarly and policy pieces. He has also spoken extensively to the international media on issues pertinent to global sea change. He is currently editing a three-volume work entitled International Economics: An Encyclopedia of Global Trade, Capital, Labor, Technology, and Innovation. Bina is a fellow of Economists for Peace and Security, and an editor for the Journal of Critical Studies in Business and Society."

Listen to one of his speeches.

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