Irrational Exuberance
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Saturday, August 24, 2002
 

Tom Friedman brings out another reason why we should be weaning ourselves from our dependence on oil.

In short, countries with oil can flourish under repression -- as long as they just drill a hole in the right place. Think of Saudi Arabia, Libya or Iraq. Countries without oil can flourish only if they drill their own people's minds and unlock their energies with the keys of freedom. Think of Japan, Taiwan or India.

...

So while there are many moderate Saudis who do not threaten us, there is no moderate Saudi ruling bargain. The one that exists does threaten us by giving huge oil resources to the Wahhabi conservatives, which they use to build mosques and schools that preach against tolerance, pluralism and modernity across the Muslim world -- and in America. And it is our oil addiction that keeps us from ever confronting the Saudis on this. Addicts never tell the truth to their pushers.

Until we face up to that -- and curb our consumption and encourage alternative energies that will slowly bring the price of oil down and force these countries to open up and adapt to modernity [~] we can invade Iraq once a week and it's not going to unleash democracy in the Arab world.


10:02:16 PM      comment []


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