Volume 22, Number 13 · August 7, 1975
Wealth and Power: The Politics of Food and Oil
By Geoffrey Barraclough
Toward a New International Economic Order: Selected Papers of C. Fred Bergsten, 1972-1974
by C. Fred Bergsten
Lexington Books, 519 pp., $20.00
The Politics of Trade
by Douglas Evans
Halsted Press, 128 pp., $12.50
New Forces in World Politics
by Seyom Brown
Brookings Institution, 224 pp., $7.95
The Energy Crisis: World Struggle for Power and Wealth
by Michael Tanzer
Monthly Review Press, 171 pp., $8.95
Dialogue on World Oil
edited by Edward J. Mitchell
American Enterprise Institute, Washington, DC, 106 pp., $6.50
Energy and US Foreign Policy
by Joseph A. Yager, by Eleanor B. Steinberg
Ballinger, 515 pp., $6.95 (paper)
Anyone looking back in 1975 at the oil and food crisis, as it has developed since October 1973, and at the whole current economic disequilibrium, will quickly perceive that things are not what they seem. Of course, we must take care not to get involved in the old game of the pot calling the kettle black. But the way events have been presented in the West is at best only a half-truth. There is a politics of food as well as a politics of trade, and oil—from as far back, at least, as the Achnacarry agreement of 1928—has always been a matter of politics. The danger in the present situation, as in the 1930s, is that the politics will override the economics and propel us all into disaster.
Review, 10355 words
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