Britain's transformation under Margaret Thatcher into a supposedly post-industrial society orientated towards consumer sovereignty was paid for with revenues from the North Sea oil industry, an industry conveniently out of sight and out of mind for many. Other case studies include resource struggles in Bolivia, oil money in Venezuela and the Azerbaijani oil boom among many others.
Drawing on bottom-up research and theoretical reflection, this book questions the political and scientific basis of current international policy that aims to address the problem of resource management through standard Western models of economic governance, institution building and national sovereignty.
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