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Arms and Oil in the Middle East: A Biography of Research

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  • Nitzan, Jonathan
  • Bichler, Shimshon

Abstract

This essay interweaves two stories—one theoretical and empirical, the other autobiographical. The first story embeds the Israeli-Palestinian conflict in the broader political economy of the Middle East and the global accumulation of “capital as power.” The second story narrates the authors’ personal journey to uncover, theorize, and research this enfoldment. The essay explores and contextualizes the misleading duality of politics and economics; the link between military spending, finance, and stagflation; the concepts of “dominant capital” and “differential accumulation” and their evolution through “breadth” and “depth”; the manner in which these concepts and processes inform the political economy of Israel and the Israeli-Palestinian conflict; and the ways in which they help identify the key role of the Weapondollar-Petrodollar Coalition and predict the periodic eruption of Middle East “energy conflicts.” In their explorations, the authors have encountered numerous gatekeepers who tried to derail their research as well as a few open-minded editors who sought to promote it, and it is probably fair to say that, dialectically, they have benefited from both.

Suggested Citation

  • Nitzan, Jonathan & Bichler, Shimshon, 2018. "Arms and Oil in the Middle East: A Biography of Research," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 418-440.
  • Handle: RePEc:zbw:espost:187422
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    References listed on IDEAS

    as
    1. Bichler, Shimshon & Nitzan, Jonathan, 1996. "Putting the State In Its Place: US Foreign Policy and Differential Accumulation in Middle-East “Energy Conflicts”," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 608-661.
    2. Rowley, Robin & Bichler, Shimshon & Nitzan, Jonathan, 1988. "Some Aspects of Aggregate Concentration in the Israeli Economy, 1964-1986," MPRA Paper 5395, University Library of Munich, Germany.
    3. Nitzan, Jonathan & Bichler, Shimshon, 2006. "New Imperialism or New Capitalism?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 1-86.
    4. Nitzan, Jonathan & Bichler, Shimshon, 2002. "The Global Political Economy of Israel," EconStor Books, ZBW - Leibniz Information Centre for Economics, number 157972.
    5. Nitzan, Jonathan & Bichler, Shimshon, 2001. "Going Global: Differential Accumulation and the Great U-turn in South Africa and Israel," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 21-55.
    6. Shimshon Bichler & Jonathan Nitzan, 1996. "Military Spending and Differential Accumulation: A New Approach to the Political Economy of Armament — The Case of Israel," Review of Radical Political Economics, Union for Radical Political Economics, vol. 28(1), pages 51-95, March.
    7. Rowley, Robin & Bichler, Shimshon & Nitzan, Jonathan, 1989. "The Armadollar-Petrodollar Coalition and the Middle East," EconStor Preprints 157847, ZBW - Leibniz Information Centre for Economics.
    8. Nitzan, Jonathan & Bichler, Shimshon, 1995. "Bringing Capital Accumulation Back In: The Weapondollar-Petrodollar Coalition – Military Contractors, Oil Companies and Middle-East "Energy Conflicts"," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 446-515.
    9. Bichler, Shimshon & Nitzan, Jonathan, 2012. "Capital as Power: Toward a New Cosmology of Capitalism," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 65-84.
    10. Nitzan, Jonathan & Rowley, Robin & Bichler, Shimshon, 1989. "Changing Fortunes: Armaments and the U.S. Economy," EconStor Preprints 157846, ZBW - Leibniz Information Centre for Economics.
    11. Bichler, Shimshon & Nitzan, Jonathan & Rowley, Robin, 1989. "The Political Economy of Armaments," EconStor Preprints 157845, ZBW - Leibniz Information Centre for Economics.
    12. Bichler, Shimshon & Rowley, Robin & Nitzan, Jonathan, 1989. "The Armadollar-Petrodollar Coalition: Demise or New Order?," EconStor Preprints 157848, ZBW - Leibniz Information Centre for Economics.
    13. Bichler, Shimshon & Nitzan, Jonathan, 1996. "Military Spending and Differential Accumulation: A New Approach to the Political Economy of Armament – The Case of Israel," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 51-95.
    14. Bichler, Shimshon & Nitzan, Jonathan, 2002. "New Economy or Transnational Ownership? The Global Political Economy of Israel," EconStor Preprints 157818, ZBW - Leibniz Information Centre for Economics.
    15. Bichler, Shimshon & Nitzan, Jonathan, 2004. "Dominant Capital and the New Wars," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 254-327.
    16. Nitzan, Jonathan, 1989. "Price and Quantity Measurements: Theoretical Biases in Empirical Procedures," EconStor Preprints 157849, ZBW - Leibniz Information Centre for Economics.
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    Citations

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    Cited by:

    1. Bichler, Shimshon & Nitzan, Jonathan, 2020. "Manuscripts Don't Burn," Working Papers on Capital as Power 2020/03, Capital As Power - Toward a New Cosmology of Capitalism.
    2. Nitzan, Jonathan & Bichler, Shimshon, 2019. "CasP's 'Differential Accumulation' versus Veblen's 'Differential Advantage' (Revised and Expanded)," Working Papers on Capital as Power 2019/01, Capital As Power - Toward a New Cosmology of Capitalism.
    3. Bichler, Shimshon & Nitzan, Jonathan, 2020. "The Capital as Power Aproach: An Invited-then-Rejected Interview with Shimshon Bichler and Jonathan Nitzan," Working Papers on Capital as Power 2020/02, Capital As Power - Toward a New Cosmology of Capitalism.

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    More about this item

    Keywords

    Capital as Power; Differential Accumulation; Dominant Capital; Middle East Energy Conflicts; Weapondollar-Petrodollar Coalition;
    All these keywords.

    JEL classification:

    • P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • P48 - Economic Systems - - Other Economic Systems - - - Political Economy; Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian

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