ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Arab Identity versus Pax Anglo-Americana-Understanding the Vendetta against Iraq

Understanding the Vendetta against Iraq Sukumar Muralidharan While the need to safeguard oil sources is the stated agenda behind the assault on Iraq a more fundamental concern is the need to protect the West's pre-emptive claim on the financial surpluses of the Arab world which are vital for underwriting the political stability of industrially declining US and UK. This paper argues that the vendetta against Iraq for challenging the financial hegemony of the West must be located in the context of this dependence on the rentier incomes arising from these surpluses.

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