In many ways, peak oil will be a return to the past, not just in using more energy efficient modes of transportation, but also in politico-military affairs. It is really only in the oil age that humanity went from the merchantile/colonial trading systems to lowering trade boundaries and creating a true open world market.
Correct. And one might validly ask: in whose interests has globalisation worked? And: in whose interests is it now working? Imperialism can wear many clothes, but it is always the weak and poor that pay.