The%20Global%20Village%2c%201973-Present

The%20Global%20Village%2c%201973-Present - The Global...

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The Global Village, 1973-Present A New World Order?
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I. The End of the Golden Age Limits to growth? Oil dependency: `Hydrocarbon Man’ From coal to oil Oil consumption, barrels/day: U.S. Europe Japan 1948 5.8M 970K 32K 1972 16.4M 14.1M 4.4M
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The Limits to Growth (Rome, 1972) --pop growth+global industrialization+fossil fuel consumption and depletion+pollution=unsustainable life in 100 years
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The Oil Crisis, 1973-1979 OPEC
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The October War, 1973 The Oil Embargo OPEC Revenues: 1972 $23 billion; 1977 $140 billion
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Recession and Return to Growth? “Stagflation” --price increase (oil) and GDP decline (6% in US 1973-75) --Cheap Food: corn and the industrial food chain --government subsidies for limitless production
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Challenge to American Power Jimmy Carter, 1976-1980 The Middle East: --Israel and Iran --The Iranian Revolution and the Hostage Crisis
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The Iranian Ayatollah Khomeini
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U.S. Hostage in Iran, 1979
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II. The Confrontational `80s: The Cold War Heats Up The Carter Doctrine, 1980: “Let our position be absolutely clear. An attempt
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This note was uploaded on 02/06/2011 for the course HIST 104 taught by Professor Ingrao during the Fall '08 term at Purdue.

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The%20Global%20Village%2c%201973-Present - The Global...

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