While I fully agree, a lot of non-islamist (so called) terrorist have not been covered, I bet all of this still points to this very promise of globalization which these people are missing completely

The philosophy of correlation of “oil economy and terrorism” is very thoughtful and I don’t think anyone else would have thought in this line (Dimitri Orlov?). Your step by step explanation with historical evidence compels readers to think about it seriously.

I apologize for being too flattering and may even sound sycophant but the fact is this post is something that can be termed as your masterpiece!

However, I agree to disagree on one thing – your post mostly covers “Islamic Terrorism” and if you cover all existing terrorism and terrorist groups, you will see that the basic driving force behind a terrorist ideology is not merely “inability to participate in globalization” but “inability to secure good economic and social position in society”. India suffers from terrorism but if we look at actual data, India suffers more internally (from various local non-islamic terrorists as well as “those who terrorize without being called terrorists”). Wherever in the world the majority of population is corrupt, there is terrorism in some or other form. India being the largest democracy(rule by inefficient rulers), no wonder it faces this threat bigger than others.
Having said the above, I must agree on the economic root cause of terrorism and correlation of Oil and Islamist Terrorism as described in your post.

I didn’t understand your ottoman empire division point at all. Honestly, don’t have much of the idea about it either.

@Aditya –

Yes Agree to you largely.

The failed invasion of Afganistan was not the cause of USSR disintegration, it probably just helped. It was capitulation of Oil prices, that lead to balance of payment crisis in Russia that caused the collapse of Russia.

Infact every time there’s a major decline in Oil prices, it leads to an economic problem in russia. The famous LTCM collapse of 1998 was also caused by Russia defaulting on its Bond payments. (The oil hit a low of $10 around then.)

In hindsight, the failed invasion of Iraq might be the cause of demise of the US. But the real reason is Infinite Debt creation (a result of uncontrolled consumerism).

There is another chain of thought here -

Staunch belief in archaic ideas -> Unwillingness to change with time -> Lack of education (especially of women) -> No jobs or business -> No progress -> Inability to benefit/participate from/in globalizaton -> Frustration -> Jealousy -> If we cant do well, lets ensure others dont do well either -> Terrorism.

These two chains have a common intersection point and that is disintegation of USSR (especially after failed invasion of Afghanistan). This is where the whole trouble started.

According to me, root of current terrorism lies in
1: Islamic fundamentalism
2: Totally un-natural and opportunistic division of previously Ottoman empire by allied powers post-war
3: The free money through oil [no wonder, the terrorism center is Middle-East – where wrong money and wrongly interpreted philosophy are present.