Sunday, May 7, 2006

Friedman on Energy

Thomas Friedman opining on our addiction to OPEC oil:

Economists have long taught us about the negative effects that an overabundance of natural resources can have on political and economic reform in any country: the "resource curse." But when it comes to oil, it seems that you can take this resource curse argument a step further: there appears to be a specific correlation between the price of oil and the pace of freedom.

I call it the "First Law of Petropolitics," and it posits the following: The price of oil and the pace of freedom always move in opposite directions in petro-ist states.

According to the First Law of Petropolitics, the higher the price of global crude oil, the more erosion we see in petro-ist nations in the right to free speech, a free press, free elections, freedom of assembly, government transparency, an independent judiciary and the rule of law, and in the freedom to form independent political parties and nongovernmental organizations. Such erosion does not occur in healthy democracies with oil.

1 comment:

Anonymous said...

Hello !

greetings from Belgium !

Regards

Renaud