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The economic decline of the West = g...
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Naudé, Wim A.
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The economic decline of the West = guns, oil and oligarchs /
Record Type:
Electronic resources : Monograph/item
Title/Author:
The economic decline of the West/ by Wim Naudé.
Reminder of title:
guns, oil and oligarchs /
Author:
Naudé, Wim A.
Published:
Cham :Springer Nature Switzerland : : 2025.,
Description:
xxi, 267 p. :ill., digital ;24 cm.
[NT 15003449]:
1. Introduction -- 2. The Empire that Entrepreneurship Built -- 3. Seven Sources of Rot: Does the Fate of the Soviet Union Await the West? -- 3. Scenario Spoilers -- 5. Summar and Conclusion.
Contained By:
Springer Nature eBook
Subject:
Stagnation (Economics) -
Online resource:
https://doi.org/10.1007/978-3-031-82299-5
ISBN:
9783031822995
The economic decline of the West = guns, oil and oligarchs /
Naudé, Wim A.
The economic decline of the West
guns, oil and oligarchs /[electronic resource] :by Wim Naudé. - Cham :Springer Nature Switzerland :2025. - xxi, 267 p. :ill., digital ;24 cm.
1. Introduction -- 2. The Empire that Entrepreneurship Built -- 3. Seven Sources of Rot: Does the Fate of the Soviet Union Await the West? -- 3. Scenario Spoilers -- 5. Summar and Conclusion.
This book argues that the West is in economic decline due to three interrelated factors, described as the Guns-Oil-Oligarchy nexus. It explains how the rise of the West as the world's current hegemon has resulted in an ecological overshoot, the rise of neoliberalism and its slash-and-burn model of continuous growth, extraction, expansion and conquest. With this model pushing against planetary boundaries, threatening ecological disaster, and depleting many resources the Guns-Oil-Oligarchy nexus has deepened its stranglehold on society. This book then dissects the Guns-Oil-Oligarchy nexus. First it describes who the Oligarchs are and how they expand and consolidate their power and influence, and stifle innovation, undermine democracy, hinder responses to climate change, and contribute to militarization and conflict. Secondly, the book explains how Oil has been essential for the economic rise of the West and how it will feature in its decline. Third, the book identifies the rise and influence of the West's Military-Industrial Complex (MIC) as contributing to the West's economic decline. It is shown that the MIC constitutes an oligarchy and, like all oligarchies, uses lobbying, campaign contributions, and control of the mainstream media to expand and consolidate power. Silicon Valley's integration into the MIC is also examined, driven by the search for new profit opportunities as traditional markets become saturated. This book shows why the Guns-Oil-Oligarchy nexus is a simple explanation for the West's economic decline, and how its understanding offers a simple solution to avert further economic decline: the oligarchs' grip must be broken. Wim Naudé is Visiting Professor at RWTH Aachen University, Fellow at the ASC, University of Leiden, and Distinguished Visiting Professor at the University of Johannesburg.
ISBN: 9783031822995
Standard No.: 10.1007/978-3-031-82299-5doiSubjects--Topical Terms:
658699
Stagnation (Economics)
LC Class. No.: HD82
Dewey Class. No.: 330.9
The economic decline of the West = guns, oil and oligarchs /
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guns, oil and oligarchs /
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by Wim Naudé.
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1. Introduction -- 2. The Empire that Entrepreneurship Built -- 3. Seven Sources of Rot: Does the Fate of the Soviet Union Await the West? -- 3. Scenario Spoilers -- 5. Summar and Conclusion.
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This book argues that the West is in economic decline due to three interrelated factors, described as the Guns-Oil-Oligarchy nexus. It explains how the rise of the West as the world's current hegemon has resulted in an ecological overshoot, the rise of neoliberalism and its slash-and-burn model of continuous growth, extraction, expansion and conquest. With this model pushing against planetary boundaries, threatening ecological disaster, and depleting many resources the Guns-Oil-Oligarchy nexus has deepened its stranglehold on society. This book then dissects the Guns-Oil-Oligarchy nexus. First it describes who the Oligarchs are and how they expand and consolidate their power and influence, and stifle innovation, undermine democracy, hinder responses to climate change, and contribute to militarization and conflict. Secondly, the book explains how Oil has been essential for the economic rise of the West and how it will feature in its decline. Third, the book identifies the rise and influence of the West's Military-Industrial Complex (MIC) as contributing to the West's economic decline. It is shown that the MIC constitutes an oligarchy and, like all oligarchies, uses lobbying, campaign contributions, and control of the mainstream media to expand and consolidate power. Silicon Valley's integration into the MIC is also examined, driven by the search for new profit opportunities as traditional markets become saturated. This book shows why the Guns-Oil-Oligarchy nexus is a simple explanation for the West's economic decline, and how its understanding offers a simple solution to avert further economic decline: the oligarchs' grip must be broken. Wim Naudé is Visiting Professor at RWTH Aachen University, Fellow at the ASC, University of Leiden, and Distinguished Visiting Professor at the University of Johannesburg.
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Economics and Finance (SpringerNature-41170)
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