Naturally, this provided those in power with valuable political capital: regimes across the Persian Gulf could make grandiose statements that linked the new affluence with their personal power. It was no coincidence, therefore, that as the streams of cash flowing into the heart of the world turned into a torrent, the ruling classes became increasingly demagogic in their outlook. The funds at their disposal were so great that, although they could be used to provide bread and circuses in the traditional method of autocratic control, there was simply too much to lose by giving others a share of
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