dc.contributor.author	Bichler, Shimshon
dc.contributor.author	Nitzan, Jonathan
dc.date.accessioned	2023-11-23T01:36:45Z
dc.date.available	2023-11-23T01:36:45Z
dc.date.issued	2023
dc.description.abstract	The 2023 war between Hamas and Israel elicits many different explanations. As with previous regional hostilities, here too, the pundits and commentators have numerous overlapping processes to draw on – from the struggle between the Zionist and Palestinian national movements, to the deep hostility between the Rabbinate and Islamic churches, to the many conflicts between Israel and Arab/Muslim states, the contentions between the declining superpowers (United States and Russia) and their rising contenders (like China, Iran, Turkey), the rift between western and eastern cultures, and so on. The experts also highlight the growing importance of local militias – from Jewish settler organizations, to ISIS, Hamas, Islamic Jihad, Hezbollah, the Houthi movement, the Wagner Group and Kadyrovites Chechens – groups that operate under different political, religious and criminal guises, with varying financing and support from local, governmental and international sources to proxy and/or challenge different states. Our article does not deal with these specificities. Instead of focusing on the particular and unique, we concentrate on the general and universal. Concretely, we argue that the current war between Hamas and Israel shares an important common denominator with prior clashes in the region – namely, that it constitutes an energy conflict and that it correlates with the differential nature of capital accumulation. We coined these two terms in the late 1980s and have studied their underpinnings and implications for the Middle East and beyond ever since. Our purpose in this paper is to highlight our theoretical arguments, update some of our key empirical evidence and show how both the theory and findings apply to the current Hamas-Israel war.
dc.identifier.citation	Blood and Oil in the Orient: A 2023 Update. Bichler, Shimshon and Nitzan, Jonathan. (2023). Working Papers on Capital as Power. No. 2023/03. November. pp. 1-13. (Article - Working Paper; English).
dc.identifier.uri	https://hdl.handle.net/10315/41557
dc.language.iso	en
dc.rights	Attribution-NonCommercial-NoDerivatives 4.0 International	en
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subject	capital as power
dc.subject	corporation
dc.subject	differential accumulation
dc.subject	dominant capital
dc.subject	energy conflicts
dc.subject	Gaza
dc.subject	Hamas
dc.subject	Israel
dc.subject	Middle east
dc.subject	oil
dc.subject	Palestine
dc.subject	prices
dc.subject	profit
dc.subject	Technodollar-Pharmadollar Coalition
dc.subject	war
dc.subject	Weapondollar-Petrodollar Coalition
dc.title	Blood and Oil in the Orient: A 2023 Update
dc.type	Article

Blood and Oil in the Orient: A 2023 Update

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