Prairie Capitalism Revisited: Capital Accumulation and Class Formation in the New West By Paul Kellogg Assistant Professor, Centre for Interdisciplinary Studies M.A. Program in Integrated Studies, Athabasca University Peace Hills Trust Tower, 1200, 10011 - 109 Street Edmonton, AB Canada T5J 3S8 May 22, 2013
[email protected] 1-866-916-8664 Paper presented as part of the panel, “Canadian Development Strategies.” Canadian Political Science Association (CPSA/ACSP), June, University of Victoria, Victoria Draft only Not for publication Not for quotation without the author’s permission ii Contents Abstract .............................................................................................................................. iii Introduction ......................................................................................................................... 1 A Note on Vitriol ............................................................................................................ 1 A Note on Terminology .................................................................................................. 2 Ownership and Control of Oil and Gas in Canada ............................................................. 3 Chart 1 –Non-resident control of petroleum and natural gas industries, percentage of capital employed, 1954-1970 ............................................... 4 Chart 2 –Non-resident control petroleum and natural gas industries, percentage of capital employed, 1954-1987 ..............................................