In 1977, as Galbraith was writing, the world was still reeling from the effects of the first OPEC oil-price shock and wondering whether another one was in the pipeline (as it were).
En 1977, tel que le décrit Galbraith, le monde se remet encore des effets du premier choc pétrolier au sein de l’OPEP, et craint la survenance d’un second choc (qui aura effectivement lieu).