Abstract

The post-9/11 US intervention in the Middle East has reignited the debate over imperialism—both its meaning and its morality. The broader dispute over imperialism dates to the appearance of J. A. Hobson's writings on the topic in 1902. An analysis of US ventures in the Middle East from the end of World War I to OPEC's consolidation in the 1970s illuminates key controversies that recur in the literature from Hobson forward. The present essay is specifically concerned with this episode's lessons for the debate over whether imperialism's animating impulse is capital or the state itself. It demonstrates that this controversy is fundamentally misconceived.

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