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The Pentagon and Big Oil: Militarism and Capital Accumulation
26 Oct 2014; posted by the editor - Features
By James Petras
There is no question that, in the immediate aftermath and for several years following US military conquests, wars, occupations and sanctions, US multi-national corporations lost out on profitable sites for investments. The biggest losses were in the exploitation of natural resources—in particular, gas and oil—in the Middle East, the Persian Gulf and South Asia.
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