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118(P) - Egypt after Revolution and Coup ft. Bronwen Mehta (Patreon)

Published:
2019-12-08 18:39:05
Imported:
2026-06
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Content

Bronwen Mehta joins us this week the discuss the Egyptian crisis of 2011-2014 and its fallout. Who is General Sisi and does Egypt fit the current global authoritarian trend? The material reasons for Egypt's instability, featuring the IMF. The Egyptian military's involvement in the economy. Muslim Brotherhood narratives crowding out labor, and the relationship between the Muslim Brotherhood, the military, and the 2013 coup.

Comments

Bijou Smith

This was very informative, thanks so much. Definite lessons here for the Left in other countries on the verge of overthrowing neoliberal regimes.

Bijou Smith

No.1 Lesson: use your domestic currency to slowly build a robust economy, energy and food independent. Issue government deficits --- they are your private sector surplus! Do not rely on IMF loans. Then you will not be put under IMF/WB austerity pressures. Building a pure domestic currency led economy is a lot harder than just taking loans and welcoming multinational capital take-over, but taking that short cut is surely by now known to be a Faustian bargain.

Bijou Smith
>>29896458

No. 2 when you do not have energy and food security then rely more on a Non-Aligned cooperation in trade and security, not IMF loans which are conditioned on letting in the Imperialist multinational exploiters..