Episode Details

On global shortages and their political consequences.

Benjamin Bradlow, assistant professor of sociology and international affairs at Princeton, talks to Alex and Lee about the world-historic impact of the Hormuz Strait closure.

• How will shortages – beyond oil and gas – reverberate through global supply chains?

• Why are markets so sanguine about all this? Are financial economic elites too insulated from consequences?

• Will China be the big beneficiary as more countries turn to importing its tech for renewables?

• Do countries want to trade dependency on the Middle East or US for dependency on China?

• Would a world of energy autarky be more or less peaceful?

• Are "electrostates" a thing?

For the full episode, subscribe at patreon.com/bungacast

Links:

• The Winners and Losers of the Iran Energy Shock, Benjamin Bradlow, Foreign Affairs

• The energy crisis may just be starting, Martin Wolf, FT