HOW & WHY BIG OIL CONQUERED THE WORLD [POSTED BY JAMES CORBETT]

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HOW & WHY BIG OIL CONQUERED THE WORLD

POSTED BY JAMES CORBETT

The 20th century was the century of oil. From farm to fork, factory to freeway, there is no aspect of our modern life that has not been shaped by the oil industry. But as the “post-carbon” era of the 21st century comes into view, there are those who see this as the end of the oiligarchy. They couldn’t be more wrong. This is the remarkable true story of the world that Big Oil is creating, and how they plan to bring it about.

WHY BIG OIL CONQUERED THE WORLD

At the dawn of the 20th century, a new international order was emerging. One founded on oil. And by the end of the 20th century, that order was firmly established. Heating. Transportation. Industrial power. Plastic manufacturing. Pharmaceuticals. There is no facet of modern life that is not, one way or another, dependent on oil.

But the rulers of this oiligarchy–the Rockefellers at Standard Oil, the British royals at BP, the Dutch royals and the Rothschilds at Royal Dutch Shell–were not content with mere financial domination. The power that came with their near-total monopoly on the world’s most important commodity was enormous, and they had no qualms about using that power to re-make the world in their image.

As we saw in “How Big Oil Conquered the World,” the impact of the oiligarchs has been breathtaking. From the education system to the medical profession, from the green revolution to the gene revolution, from World War to the Gulf War, oil money has been used to shape every aspect of the world we live in. With the rise of the petrodollar in the 1970s, even the international monetary system itself rests on oil.

But now, in the 21st century, it seems that the old order, the oil order, is finally coming to an end.

Read the full transcript for “Why Big Oil Conquered The World” at corbettreport.com/bigoil

(2017 Corbett Report Documentary: “Why Big Oil Conquered The World”)

TLB published this video report by James Corbett as it appeared in The Last American Vagabond. 


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