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[Marxism] Cyrus Bina on the causes of the war in Iraq



(Thanks to Rakesh Bhandari for making this available.)

Journal of Iranian Research and Analysis, Vol. 20, No. 2, November 2004
The American Tragedy: The Quagmire of War, Rhetoric of Oil, and the Conundrum of Hegemony

Cyrus Bina University of Minnesota-Morris

?A foreign policy that is both immoral and unsuccessful is not simply stupid, it is increasingly dangerous to those who practice or favor it. That is the predicament that the United States now confronts.? Gabriel Kolko, Another Century of War? 2002, p. 138

Introduction The invasion of Iraq­and subsequent occupation of the country since March 2003­is a déjà vu in the context of the repeated attempts by the United Sates at turning back the clock of history in order to save her global hegemony. In this connection, the building of the so-called coalition, which was troublesome back in 1990, is now unworthy of the name, particularly in the view of the fact that neither the region?s friendliest (U.S.) client-states nor the spirited ?partners? of the exclusive imperialist club of the now defunct Pax Americana have had any desire to join the invasion. Britain, of course, has been an aberration in this and the previous Persian Gulf War. The mirror image of this adventurous undertaking has also revealed itself in the deepening of the differences in the United Nations? Security Council and the widening cleavage within the ranks of NATO itself. This, however, was not entirely unexpected, given the lingering global contradictions that were simmering long in the period between the quiet implosion of the Pax Americana in the late 1970s, and the disquiet implosion of Soviet Empire in the late 1980s. As it turned out, the objective conditions of the emerging international polity and subjective tendencies of American unilateralism did not find mutual congenial ground on the epochal plane of globalization. The loss of American hegemony prompted undisguised belligerence, culminating in outright aggression by the Bush administration. The war against the weak, symbolic enemy seemed inevitable.

I argue throughout this paper that the war-for-oil scenario is a misleading myth that contradicts globalization. First, it ignores the analytical periodization of oil into (1) an early period of cartelization, (2) the transitional period of 1950-1972, and (3) the era of globalization since the mid-1970s. Second, it overlooks the distinction between the cartelized regime of ?administrative pricing? and pricing according to the objective conditions and dynamics of global oil markets.4 Third, it neglects the nature of property relations in the industry and the resultant formation of differential oil rents in the newly found post-1974 oil crisis. Fourth, by focusing on OPEC alone, it discounts the pivotal role of the least productive U.S. oilfields that are the key to worldwide pricing of oil. Fifth, it is unaware of the fact that OPEC prices are constrained by the worldwide competitive spot (oil) prices, which makes OPEC oil rents subject to global competition. Finally, the war-for-oil scenario does not recognize that words such as ?access,? ?dependency,? ?control,? etc. have no place in the context of post-cartelized global oil industry. By rejecting the epiphenomenon of the war-for-oil scenario as the cause of American belligerence, this paper focuses on the epochal changes that in reality caused the eventual fall of American hegemony and the stubbornly reactionary behavior of the U.S. government against it. This diagnosis is far more relevant to the unilateralist U.S. actions against the global peace and stability than the flimsy, reductionist, and purported notion of the ?oil grab.?

full: http://www.marxmail.org/CyrusBina.pdf

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