Description
Ali Kadri examines how over the last three decades the Arab world has undergone a process of developmental descent, or de-development. He defines de-development as the purposeful deconstruction of developing entities. The Arab world has lost its wars and its society restructured to absorb the terms of defeat masquerading as development policies under neoliberalism. Foremost in this process of de-development are the policies of de-industrialisation that have laid to waste the production of knowledge, created a fully compradorial ruling class that relies on commerce and international finance for its reproduction, as opposed to nationally based production, and halted the primary engine of job creation. The Arab mode of accumulation has come to be based on commerce in a manner similar to that of the pre-capitalist age along with its cultural decay. Kadri attributes the Arab world's developmental failure not only to imperialist hegemony over oil, but also to the rising role of financialisation, which goes hand in hand with the wars of encroachment that were already stripping the Arab world of its resources. War for war's sake has become a tributary to the world economy, argues Kadri, and like oil, there is neither a shortage of war nor a shortage of the conditions to make new war in the Arab world.
Author: Ali Kadri
Publisher: Anthem Press
Published: 03/15/2015
Pages: 270
Binding Type: Paperback
Weight: 0.88lbs
Size: 9.00h x 6.00w x 0.61d
ISBN13: 9781783084326
ISBN10: 1783084324
BISAC Categories:
- Business & Economics | Development | Economic Development
- Business & Economics | Economics | Theory
- Political Science | Public Policy | Economic Policy
About the Author
Ali Kadri is a Senior Research Fellow at the National University of Singapore and has served as a Visiting Fellow at the London School of Economics (LSE) and Head of the Economic Analysis Section at the United Nations regional office for western Asia.
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