Re: oil and socialism

[ALI KADRI <akadri_00@xxxxxxxxx>]

An Arab economist coined the phrase : The dialectics
of oil, or every drop of oil costs a drop of blood.



--- Michael Perelman <michael@xxxxxxxxxxxxxxxxx>
wrote:
> Capitalism is supposed to have been integrally
> associated with the rise of
> modern technology, which is absolutely dependent on
> fossil fuels.  So, if
> modern technology depends on fossil fuels --
> everyone but George Gilder
> and the like will agree with that -- that maybe you
> can say that
> capitalism depends on fossil fuels.
> --
> Michael Perelman
> Economics Department
> California State University
> Chico, CA 95929
>
> Tel. 530-898-5321
> E-Mail michael@xxxxxxxxxxxxxxxxx
>


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