How Capitalism Failed the Arab World

The Economic Roots and Precarious Future of the Middle East Uprisings

Nonfiction, Social & Cultural Studies, Social Science, Business & Finance, History
Cover of the book How Capitalism Failed the Arab World by Richard Javad Heydarian, Zed Books
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Author: Richard Javad Heydarian ISBN: 9781780329604
Publisher: Zed Books Publication: February 13, 2014
Imprint: Zed Books Language: English
Author: Richard Javad Heydarian
ISBN: 9781780329604
Publisher: Zed Books
Publication: February 13, 2014
Imprint: Zed Books
Language: English

Economic liberalization has failed in the Arab world. Instead of ushering in economic dynamism and precipitating democratic reform, it has over the last three decades resulted in greater poverty, rising income inequality and sky-rocketing rates of youth unemployment. In How Capitalism Failed the Arab World, Richard Javad Heydarian shows how years of economic mismanagement, political autocracy and corruption have encouraged people to revolt, and how the initial optimism of the uprisings is now giving way to bitter power struggles, increasing uncertainty and continued economic stagnation. A unique and provocative analysis of some of the key social and political events of the last decade.

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Economic liberalization has failed in the Arab world. Instead of ushering in economic dynamism and precipitating democratic reform, it has over the last three decades resulted in greater poverty, rising income inequality and sky-rocketing rates of youth unemployment. In How Capitalism Failed the Arab World, Richard Javad Heydarian shows how years of economic mismanagement, political autocracy and corruption have encouraged people to revolt, and how the initial optimism of the uprisings is now giving way to bitter power struggles, increasing uncertainty and continued economic stagnation. A unique and provocative analysis of some of the key social and political events of the last decade.

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