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China National Petroleum Corporation and the Iraqi government: A Marxist view

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Herber Y.
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  1. Introduction
  2. Theoritical concepts
    1. Karl Marx's view
    2. The impact of competition
    3. The capitalist mode of production
    4. The globalization and expansion of capitalism
  3. The discontent felt among the citizens of Wasit Providence
  4. Analysis of evidence
  5. The capital interests in mind
  6. Unconscious slaves to capitalism
  7. The globalization of the capitalist oil industry
  8. Conclusion
  9. Other theoretical approaches
  10. Works cited

The China National Petroleum Corporation signed a deal with the Iraqi government, allowing the large oil company to drill for oil in a poor, rural area of Iraq. While the relationship between the oil company and the Iraqi government has gone well, the deal has sparked a great deal of controversy among the Iraqi citizens.

According to Karl Marx, the capitalist mode of production ?conditions the social, political and intellectual life process in general.? As a result, the rise of capitalism, by the bourgeoisie, has ?stripped of its halo every occupation hitherto honored and looked up to with reverent awe,? turning the majority into wage-workers, and all into slaves of capitalism.

[...] Norton & Company, 1978) Marx, Karl, ?Manifesto of the Communist Party? in the Marx-Engels Reader, ed. Robert C. Tucker (New York: W.W. Norton & Company, 1978), pg Marx, Karl, The Critique of Political Economy, from The Preface pg.182 Williams, Timothy. ?China Oil Deal Is New Source of Strife Among Iraquis.? The New York Times. Sept Marx, Karl, The Critique of Political Economy, from The Preface pg.182 Marx, Karl, ?Manifesto of the Communist Party? in the Marx-Engels Reader, ed. Robert C. [...]


[...] According to a statistical review from BP, a British oil company, China's oil consumption reached 8 million barrels a day last year, up from 4.9 million in 2001.[11] The commodification and consumption of oil in China has greatly stimulated the profits of the oil companies throughout China. Because the land in Iraq has the resource required of this industry, China will pay and do whatever it takes to acquire this commodity, even at the expense of the wage-workers living in Iraq. [...]

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