Skip to main content

The Course of Imperialism in 1953-54: Iran


Arrigo Cervetto (31 October 1954)


After Mossadegh* and as early as January, the Zahedi government moves towards a compromise with imperialism. The resumption of oil production is the sign of this. Permission is granted thanks to the intervention of eight companies (Standard, Shell, Anglo-Iranian, and others) with a capital of 25–50 million dollars.

Mossadegh’s position had become untenable. In fact, the world’s oil production had risen from 524 million tons in 1950 to 654 in 1953. Hence, the Iranian production of 10–40 million tons had become insignificant (indeed, its temporary halt in production had indirectly increased the Syrian production controlled by the United States). In spite of the various theorists that pontificated about Iran, this provides us with another example of how the bourgeois revolution in the imperialist phase undoubtedly follows the law of the uneven development of capitalism in the world, even though it is now completely determined by the power relations of unitary imperialism.

The colonial problem is therefore more complex than it once was and, since it takes on various aspects in the different countries, requires differentiated tactics.

These tactics are now the nerve centre of the anti-imperialist struggle: if there are no tactics, there is no struggle. The mechanistic theorisers should know this, and a number of groups (such as Le Libertaire, for example) that sometimes, in their propagandistic fervour, incline towards subjectivism, should often bear this in mind.

We have had an example of the diversity resulting from the development of the colonial problem in these last ten–fifteen years. In Southern Asia (India, Burma, Indonesia, etc.), the national bourgeoisie, favoured by the letting-up of imperialist pressure during the war, has conquered positions (both in the anti-Japanese struggle and in direct or indirect collaborationism, as in the case of Nehru and the Congress Party), strengthened its own economic control, developed its own industry (this is again India’s case), often exploited the workers’ help, provided by Stalinism, faithful to the Allies’ policy, and, finally, obtained independence, even though relative, by exploiting the post-war crisis. In essence, it has taken power even without its own revolution.

In the Middle East and Africa, where power relations during the war were unfavourable, the national bourgeoisies’ attempts occur late, fail or reach a compromise. Nevertheless, the national bourgeoisies have advanced everywhere.

Iran now finds itself at the centre of the inter-imperialist struggles to capture the markets. Since it needs capital, France is investing 5 billion francs and Germany 60 million dollars, while Japan is financing the construction of six sugar refineries. We therefore find these three rival countries alongside the US and the UK.

This inter-imperialist competition gives the Iranian bourgeoisie a breathing space, and the negotiations with the eight companies drag on: the consortium of foreign oil companies asks for a thirty-year concession, while Teheran wants to concede it for a shorter time. The agreement is signed on 5 August: Iran will receive half of the export revenue, and in the first three years the state-owned National Iranian Oil Co. will receive 150 million pounds.

In essence, the agreement helps resolve Iran’s serious economic crisis, and there is already talk of a five-year plan for the construction of dams and the cultivation of new areas. Funding over the five years will be provided by the 500 million dollars resulting from the oil concessions.

Report to the 4th GAAP National Conference, Bologna, 31 October - 1 November 1954; unpublished

Source: Unitary Imperialism, Volume I, pp. 154-155.


* As the Iranian prime minister in 1951, he had the Oil Nationalisation Act approved by parliament and liquidated the Anglo-Iranian Oil Company. A military coup led by General Zahedi ousted Mossadegh in August 1953. Anglo-Iranian received compensation and could continue its exploitation of Iran’s oil resources.

Popular posts from this blog

German Socialism in 1917

Internationalism No. 78-79, August-September 2025 Page 6 From the series Pages from the history of the worker’s movement  According to Arrigo Cervetto [ Opere , Vol. 7], “paracentrism” is “the biggest obstacle to the formation of the worldwide Bolshevik party”. The Spartacists at Zimmerwald and Kiental Cervetto was analysing Lenin’s battle against centrism for the creation of the Third International, a battle which saw him isolated at Zimmerwald. He wrote down one of Zinoviev’s quotations from Histoire du parti communiste russe . “We were in the minority at Zimmerwald [1915]. […] In the years 1915 and 1916, we were nothing but an insignificant minority”. “But what is more serious?” – observed Cervetto – “is that the Zimmerwald Spartacists also said they were opposed to us”. In the strategic perspective of the “two separate halves” of socialism – the political conditions in Russia and the economic, productive, and social conditions in Germany – “for ...

The Theoretical and Political Battles of Arrigo Cervetto I

From the introduction to Arrigo Cervetto’s Opere Scelte (“Selected Works”), soon to be published in Italy by Edizioni Lotta Comunista. I Arrigo Cervetto was the founder, theorist, and leader of Lotta Comunista. From his first involvement in the partisan war in 1943-44 until his death in February 1995, his more than 50 years of political activity can be summarised in around twenty key battles. It goes without saying that those struggles - aimed at the restoration and develop ment of Marxist theory on economics, politics, social change, and international relations - are the common thread running through this selection of his writings. His memoirs, Quaderni 198I82 (“Notebooks 1981-82”), provide an account of those battles up to 1980. First battle: the factory and the partisan war The son of emigrants to Argentina from Savona in Italy, Cervetto was born in Buenos Aires in April 1927, a circumstance that would later influence his thinking about international politics. His early for...

Uneven Development, Job Cuts, and the Crisis of Labour Under Global Capitalism

Internationalism No. 73, March 2025 Page 16 Uneven development is a fundamental law of capitalism. We have a macroscopic expression of this in the changing balance of power between States: Atlantic decline and Asian rise are the key dynamics behind the political processes of this era, including wars caused by the crisis in the world order. But behind all this there is a differentiated economic trend, starting from companies and sectors: hence the differentiated conditions for wage earners. And this is the element to keep in mind for an effective defensive struggle. It’s only the beginning The electrical and digital restructuring imposed by global market competition affects various production sectors. The car industry is the most obvious, due to the familiarity of the companies and brands involved. We have already reported on the agreement reached before Christmas at Volkswagen, which can be summarised as a reduction of 35,000 employees by 2030. Die Zeit [De...

The Theoretical and Political Battles of Arrigo Cervetto II

From the introduction to Arrigo Cervetto’s Opere Scelte (“Selected Works”), soon to be published in Italy by Edizioni Lotta Comunista. II “Neither Washington nor Moscow”, “Neither Truman nor Stalin”. These were slogans sufficient to rally the internationalist cause, not only against the influence of the Stalinist Italian Communist Party (PCI) on one front, but also, on the opposite side, against the pro-American, “Westernist” leanings present in certain political currents of anarchist individualism. There was a unitary imperialism to be fought, of which the US and the USSR were both expressions. 1951, Genoa Pontedecimo In the ideological climate of the Cold War, heightened by the Korean War, a third world conflict was considered imminent; La guerra che viene (“The coming war”) was the title of a Trotskyist-inspired pamphlet that ultimately leaned in favour of the USSR, but reflected a widespread perception. The internation alist principle alone proved insufficient. To maintain...

Cryptocurrencies, Tariffs, Oil and Spending in Trump’s Executive Orders

Internationalism No. 73, March 2025 Page 8 Douglas Irwin, economist and historian of American trade policy, writes for the Peterson Institute that the tariffs announced by Donald Trump, if implemented, would constitute a “historic event in the annals of US trade policy” and “one of the largest increases in trade taxes in US history. One has to go back almost a century to find tariff increases comparable”. Irwin limits himself to providing us with a historical dimension to the planned duties. But the bewilderment and turmoil created, especially among Washington’s allies, derives from the fact that the tariffs being brandished are accompanied by a hail of presidential decrees and declarations that mark a profound political discontinuity, both in the balance of internal institutional powers and in the balance of power between nations. The watershed was expected, but the speed and vehemence of the White House’s assaults are setting the scene for a change of era i...

Atlantic Shock for Europe

Internationalism No. 73, March 2025 Page 2 In the past we used to say that anything that is exaggerated is irrelevant, and this was especially true for the hard facts of international politics. Now, with the rise of television and social media democracy and their misdeeds, one must accept that they inherently favour provocation and exaggeration as a communication style. This combines with the technical capability of the world wide web to give an immediate and universal audience to every narcissistic impulse to draw attention to oneself through provocative theatrical shows. If “the medium is the message” — as Marshall McLuhan argued about television, which transformed communication into the town square of a “global village” then we must consider how the combination of television with social media transforms interventions, impromptu or not, into global political facts. These interventions are carried out through a process of disintermediation — bypassing the fil...

Price War in the US and EU

Internationalism No. 78-79, August-September 2025 Page 7 From the series Industry and pharmaceuticals The contention in the biopharmaceutical field between the two sides of the Atlantic addresses the issue of costs, in two different ways. In a letter to the Financial Times published on April 23rd, Vas Narasimhan and Paul Hudson, the CEOs of Swiss company Novartis and French company Sanofi respectively, presented a harsh diagnosis of the state of European biopharmaceuticals compared to their major competitors, the United States and China. Narasimhan, an American son of immigrants from Tamil Nadu, and Hudson, a Briton, head two of the world's ten largest pharmaceutical multinationals. The two executives see "a strong outlook for the US – thanks to policies and regulations conducive to fast and broad patient access to innovative medicines". In contrast, Europe, "while home to some of the most important biopharma companies in the world"...

Chinese Rearmament Projects Itself in Asia

Internationalism No. 78-79, August-September 2025 Page 5 From the series Asian giants Trends in rearmament spending and comparisons of military equipment are increasingly set to dominate coverage of the contention between powers in the crisis in the world order . The military factor has entered the strategic debate, accompanied by a wealth of figures and technical details. The increase in military spending as a percentage of GDP represents a widespread sign of the rearmament cycle at this juncture, but spending alone cannot entirely explain the situation, given the qualitatively different natures of the arsenals being compared. Nor are comparisons between this or that type of weapon useful in themselves, because ultimately all weapons are only ever used in combination with the complex military means available to a power, either in alliance or in conflict with other powers in the system of States. Therefore, while it is difficult to assess the real significa...

The SPD Faces the War

Internationalism No. 73, March 2025 Page 6 From the series Pages from the history of the worker’s movement The mystification of the First World War as a defensive war was accompanied by a misunderstanding of political forms, i.e., the illusion that the struggle for a democratic national shell was already a struggle against the imperialist content of German power, as if a democracy could exist outside of or above classes. Arrigo Cervetto, in The Political Shell, spoke of “the illusion of the primacy of politics”. At the same time, however, he emphasised the dialectic between structure and superstructure: “The basic view that political power relations depend on economic relations enables the revolutionary movement to overcome the obstacle of self-delusion; on the other hand, this view remains only a general idea if it does not inspire a restless and specific analysis of the situation, and if it does not demand an attitude consequent upon this analysis”. Mar...

Asia and Europe Weigh the Unintended Consequences of American Decline

Internationalism No. 73, March 2025 Page 4 “By punishing his longtime allies with tariffs, Donald Trump is encouraging other nations to form trading blocs and networks that exclude the United States”. Whilst the New York Times treats the issue polemically, it constitutes an important strand of reflection in European and Asian assessments. The duties are a “declaration of economic war”, according to Le Monde. A rapid, temporary negotiating truce followed, with tariffs suspended in exchange for tactical concessions from Canada and Mexico. Whilst the “bluff” may have yielded some transitory results, a “permanent instability” is settling at the heart of American affairs. Unpredictability as a weapon is the strategy with which the new presidency intends to tackle, and perhaps even temporarily reverse, American decline. This, though, comes at the cost of compromising the United States” credibility as the guarantor of the old order and the network of alliances which...