Space, Oil and Capital

By Mazen Labban

© 2008 – Routledge

192 pages

Purchasing Options:
Paperback: 9780415594783
pub: 2010-06-01
US Dollars$54.95
Hardback: 9780415773911
pub: 2008-03-31
US Dollars$170.00

About the Book

The historical development of capital has produced a progressive increase in the demand for raw material and has consequently resulted in the concentration of capital in, and the geographical expansion of, the production of natural resources, globalizing and intensifying the competition for the control of production and markets.

This book is an attempt to explain, at the theoretical and empirical level, the relationship between the production of oil and the process of inter-capitalist competition in the global economy, and why it is necessary to appreciate the underlying process of the social production of space in determining the access to and control of global oil production and world markets. It will appeal to those undertaking research in political economy, economic geography, resource geography and international relations.


"Mazen Labban's insightful, dense, and short book applies a Marxian geographic analysis to the subject of oil with a focus on the Soviet Union, Russia, and the Iran. In doing so, he provides a fresh perspective on the causes of global price fluctuations and the geopolitics of access to the world's oil reserves. … Labban offers an insightful analysis and challenging thesis on the place of oil within the dynamics and contradictions of capital circulation and accumulation expressed in the production of geographic integration (aka globalization) and fragmentation." --Economic Geography (vol 86, Jan 2010) Paul. K. Gellert, University of Tennessee.

Table of Contents

1. The expansion of capital, oil scarcity and the contradiction of space 2. Contradictions of capitalist accumulation: inter-capitalist competition, the production of raw material, and the contradiction of space 3. Imperialism and the geographical contradictions of monopoly capital 4. Oil in the development and decline of the Soviet Union 5. Geographical contradictions of state and capital in the development of Russian oil - competition for Russia, competition with Russia 6. Geographical contradictions of Iranian oil: capital verus the law

About the Author

Mazen Labban is Visiting Assistant Professor in the Department of Geography at Rutgers University, New Brunswick, NJ.

About the Series

Routledge Studies in International Business and the World Economy

As ever-increasing proportion of the world's business takes place across national borders, the need to understand the motive forces behind international business becomes greater. Transnationals are now, in many cases, as important as national governments in shaping trade flows and economic trends. As this series demonstrates, international business is not just the preserve of the largest companies, but impacts on all aspects of business and economic activity. This series is essential reading for policy makers as well as researchers in international business and applied international economics.

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / International / General