Egyptian State Capitalism in Crisis: Economic Policies and Political Interests, 1967–1971

Abstract

Most analyses of Egypt in the 1970s, whether political or economic, have a central concern, the liberalization policies of the Sadat regime. The reason for this focus is clear; rather striking and deep-seated changes took place in Egypt under the heading of that policy. Most analyses, however, suffer two major drawbacks; they fail to integrate the political and the economic and they take an approach with a very short historical vision. In doing so, they run the risk of critical misinterpretations of the nature of the policy, the regime, and the changes in Egypt.