Is oil a stranded asset? Or is the system defunct? This thought-provoking talk was given by Andy Higginbottom, Associate Professor in the Politics Department of Kingston University in Britain. In this talk he looks at Marx’s theory of rent as surplus profit and its parallels within the oil markets.
There is no global social unity in the face of climate disaster. Yet we need a genuinely internationalist rebellion against the corporations at the extractive imperialist heart of British capitalism. Their extinction as a species is required to save the planet.