How Capitalism Failed the Arab World

Download or read book How Capitalism Failed the Arab World written by Richard Javad Heydarian and published by Zed Books Ltd.. This book was released on 2014-02-13 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.