[lbo-talk] Bush invaded Iraq because...

[Doug Henwood]

So some regime in the Middle East falls. So what? Their successors 
would still sell the oil - what else would they do with it? Iran and 
Libya have been selling theirs despite their status as pariahs. They 
could lobby within OPEC to push prices higher, but OPEC controls 
something like 38% of global production - it's doubtful the higher 
prices would stick. Of course PNAC & the Bush admin may think 
otherwise, but they believe a lot of nonsense. I have a hard time 
believing that the invasion of Iraq follows rational capitalist 
calculation. It's something more primitive and irrational.

Doug