112 - Rough Trade (The Geopolitics of Oil, War and "Free" Trade)

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Episode #112 - Rough Trade (The Geopolitics of Oil, War and "Free" Trade)

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⌚ Sat 27 April 2002  ☻Richard Heinberg, Smithy

Download Hour1 Download Hour2The peak in world oil production may come as early as next year; oil supplies will steadily decline. What are the present and future impacts of this for war and Terrorism.

Sea levels and temperatures are rising, and the global capitalist economy is staggering under the weight of its own corruption. As we shall hear in our first hour world oil production may begin a permanent decline as early as next year. Political and business leaders, instead of facing the coming crisis and attempting to make provisions for the benefit all while there is still time, are instead acting like pickpockets on a sinking ocean liner, grabbing what they can and heading for the lifeboats. Meanwhile, opposition is rising to the latest neoliberal trade treaty under the WTO, that hopes to sweep away even the meager remaining benefits that governments provide to the average citizen. In the second hour, Wizards of Money returns with a look at the General Agreement on Trade in Services and the growing worldwide resistance to it by civil society groups.
Thanks to Wizards of Money
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