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Black Gold: Oil and OPEC as a Counter-Hegemonic Movement

Book Summary by: AcaDemon    

This paper discusses the OPEC organization in the 1970s, and its effects, which are examined through a neo-realist framework, and therefore show how the examination of utility-maximizing states both explains and provides meaning to the OPEC issue. OPEC's actions are presented as an example of a counter- hegemonic movement, which, rather than undermining the hegemonic control of the West, was unsuccessful and resulted in OPEC's incorporation into the global economic system.
Published: November 12, 2006
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