Best of the Week
Most Popular
1. Stock Markets and the History Chart of the End of the World (With Presidential Cycles) - 28th Aug 20
2.Google, Apple, Amazon, Facebook... AI Tech Stocks Buying Levels and Valuations Q3 2020 - 31st Aug 20
3.The Inflation Mega-trend is Going Hyper! - 11th Sep 20
4.Is this the End of Capitalism? - 13th Sep 20
5.What's Driving Gold, Silver and What's Next? - 3rd Sep 20
6.QE4EVER! - 9th Sep 20
7.Gold Price Trend Forecast Analysis - Part1 - 7th Sep 20
8.The Fed May “Cause” The Next Stock Market Crash - 3rd Sep 20
9.Bitcoin Price Crash - You Will be Suprised What Happens Next - 7th Sep 20
10.NVIDIA Stock Price Soars on RTX 3000 Cornering the GPU Market for next 2 years! - 3rd Sep 20
Last 7 days
Apply This Technique to Stop Rushing into Trades - 10th May 21
Stock Market Entering Early Summer Correction Trend Forecast - 10th May 21
CHIA Getting Started SSD Crypto Mining by Plotting and Farming on Your Hard Drives Guide - 9th May 21
Yaheetech Mesh Best Cheap Computer /. Gaming Chairs on Amazon Review - 9th May 21
Breaking US Trade Embargo with Cuba - Build 7 Computers in 14 Hours Before Ship Sales Challenge - 9th May 21
Dripcoin Applies New Technology That Provides Faster Order Execution - 9th May 21
Capital Gains Tax Hike News: Was It REALLY to Blame for Sell-off? - 7th May 21
Stock Market Transportation Index Continues To Grind Higher - 7th May 21
SPX Stock Market Correction Arriving or Not? - 7th May 21
How to Invest in an Online Casino? - 7th May 21
Gold & Silver Begin New Advancing Cycle Phase - 6th May 21
Vaccine Economic Boom and Bust - 6th May 21
USDX, Gold Miners: The Lion and the Jackals - 6th May 21
What If You Turn Off Your PC During Windows Update? Stuck on Automatic Repair Nightmare! - 6th May 21
4 Insurance Policies You Should Consider Buying - 6th May 21
Fed Taper Smoke and Mirrors - 5th May 21
Global Economic Recovery 2021 and the Dark Legacies of Smoot-Hawley - 5th May 21
Utility Stocks Continue To Rally – Sending A Warning Signal Yet? - 5th May 21
ROIMAX Trading Platform Review - 5th May 21
Gas and Electricity Price Trends so far in 2021 for the United Kingdom - 5th May 21
Crypto Bubble Mania Free Money GPU Mining With NiceHash Continues... - 4th May 21
Stock Market SPX Short-term Correction - 4th May 21
Gold & Silver Wait Their Turn to Ride the Inflationary Wave - 4th May 21
Gold Can’t Wait to Fall – Even Without USDX’s Help - 4th May 21
Stock Market Investor Psychology: Here are 2 Rare Traits Now on Display - 4th May 21
Sheffield Peoples Referendum May 6th Local Elections 2021 - Vote for Committee Decision's or Dictatorship - 4th May 21
AlphaLive Brings Out Latest Trading App for Android - 4th May 21
India Covid-19 Apocalypse Heralds Catastrophe for Pakistan & Bangladesh, Covid in Italy August 2019! - 3rd May 21
Why Ryzen PBO Overclock is Better than ALL Core Under Volting - 5950x, 5900x, 5800x, 5600x Despite Benchmarks - 3rd May 21
MMT: Medieval Monetary Theory - 3rd May 21
Magical Flowering Budgies Bird of Paradise Indoor Grape Vine Flying Fun in VR 3D 180 UK - 3rd May 21
Last Chance to GET FREE Money Crypto Mining with Your Desktop PC - 2nd May 21
Will Powell Lull Gold Bulls to Sweet Sleep? - 2nd May 21
Stock Market Enough Consolidation Already! - 2nd May 21
Inflation or Deflation? (Not a silly question…) - 2nd May 21
What Are The Requirements For Applying For A Payday Loan Online? - 2nd May 21
How to Invest in HIGH RISK Tech Stocks for 2021 and Beyond - Part1 - 1st May 21
INDIA COVID APOCALYPSE - 1st May 21
Are Technicals Pointing to New Gold Price Rally? - 1st May 21
US Dollar Index: Subtle Changes, Remarkable Outcomes - 1st May 21
Stock Market Correction Time Window - 30th Apr 21
Stock Market "Fastest Jump Since 2007": How Leveraged Investors are Courting "Doom" - 30th Apr 21
Three Reasons Why Waiting for "Cheaper Silver" Doesn't Make Cents - 30th Apr 21
Want To Invest In US Real Estate Market But Don’t Have The Down Payment? - 30th Apr 21
King Zuckerberg Tech Companies to Set up their own Governments! - 29th Apr 21
Silver Price Enters Acceleration Phase - 29th Apr 21
Financial Stocks Sector Appears Ready To Run Higher - 29th Apr 21
Stock Market Leverage Reaches New All-Time Highs As The Excess Phase Rally Continues - 29th Apr 21
Get Ready for the Fourth U.S. Central Bank - 29th Apr 21
Gold Mining Stock: Were Upswings Just an Exhausting Sprint? - 29th Apr 21
AI Tech Stocks Lead the Bull Market Charge - 28th Apr 21
AMD Ryzen Overclocking Guide - 5900x, 5950x, 5600x PPT, TDC, EDC, How to Best Settings Beyond PBO - 28th Apr 21
Stocks Bear Market / Crash Indicator - 28th Apr 21
No Upsetting the Apple Cart in Stocks or Gold - 28th Apr 21
Is The Covaids Insanity Actually Getting Worse? - 28th Apr 21
Dogecoin to the Moon! The Signs are Everywhere, but few will Heed them - 28th Apr 21
SPX Indicators Flashing Stock Market Caution - 28th Apr 21
Gold Prices – Don’t Get Too Excited - 28th Apr 21
6 Challenges Contract Managers Face When Handling Contractual Agreements - 28th Apr 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Who is the Real Opposition in Egypt?

Politics / Middle East Feb 06, 2011 - 07:33 AM GMT

By: Shamus_Cooke

Politics

The revolution in Egypt erupted like all revolutions do, from the bottom up. It was unemployment and high food prices that propelled working and poor people into action. Now, the media reports that the "opposition” in Egypt is a group of well-to-do folks who have very little in common with the poor of Egypt.


This top down takeover of the revolution is being engineered with the support of the U.S. and European nations, the same allies of the dictatorship that lasted three decades. If this elite group of Egyptians manages to gain power, they'll soon find themselves confronted with the real opposition of Egypt, the overwhelming majority of working and poor people.

Who are these upper-crust oppositionists? Middle East journalist Robert Fisk explains:

"[the oppositionists] include Amr Moussa, the secretary general of the Arab League, ... the Nobel prize-winner Ahmed Zuwail, an Egyptian-American who has advised President Barack Obama; Mohamed Selim Al-Awa, a professor and author of Islamic studies, ... and the president of the Wafd party [a tiny political party], Said al-Badawi...Other nominees for the committee...are Nagib Suez, a prominent [super-wealthy] Cairo businessman... Nabil al-Arabi, an Egyptian UN delegate; and even the heart surgeon Magdi Yacoub, who now lives in Cairo." (February 4, 2011).

http://www.independent.co.uk/opinion/commentators/fisk/robert-fisk-exhausted-scared-and-trapped-protesters-put-forward-plan-for-future-2205079.html

What is the task of this committee? Al-Jazeera reports:

“The committee — which was formed last night... proposed that vice president Omar Suleiman [the head of the brutal secret police] preside over a transitional government, and that he pledge to dissolve parliament (whose lower house was elected just last year) and call early elections.” (February 4, 2011).

http://english.aljazeera.net/news/middleeast/2011/02/20112420435766522.html

Are these oppositionists so naive to believe that a "pledge" from a snake like Suleiman is worth anything? Is this a man that any respectable person should be negotiating with?

And herein lies the problem. There can be no smooth "peaceful transition," as Obama and other politicians would like to see, unless nothing in Egypt changes. This is because the ruling political power in the country, the National Democratic Party (NDP), has extremely deep ties to the rich and powerful in Egypt, backed up by both senior military officials and the U.S. government foreign aid program, which enriches various sections of the NDP. The New York Times explains:

"Since the revolt, the military has surged to the forefront, emerging as the pivotal player in politics it long sought to manage behind the scenes. The beneficiary of nearly $40 billion in American aid during Mr. Mubarak’s rule, its interests span the gamut of economic life — from the military industry to businesses like road and housing construction, consumer goods and resort management. Even leading opposition leaders, like Mohamed ElBaradei, have acknowledged that the military will have a key role in a transition."

http://www.nytimes.com/2011/02/05/world/middleeast/05cairo.html?hp

To summarize, U.S. aid to Egypt has been the lifeblood of the dictatorship and the ruling party associated with it, while leading opposition figures have no interests in confronting these powerful interests, only removing their current figurehead. The opposition group that plans to negotiate with the NDP must know that any agreed to middle ground will be unacceptable to the majority of Egyptians, since the NDP will work to maintain their own privileges and wealth.

If the ruling party stays intact, then so will the ruling security apparatus, which will eventually steer the wheel of history backwards again. The party of the dictatorship must be crushed and dismembered, so that real democracy can have room to grow. The official "opposition" has no interest in doing this, because they have no interest in real change.

What would real change look like? It would require a drastic departure from the free-market policies that have been implemented for years, including privatizations of state run industries, lowering taxes for the rich and corporations, eliminating regulations, subsidies, and tariffs, etc. These policies were required by the IMF and World Bank, U.S.-led institutions that created in Egypt what exists in the U.S. — an incredible gap between rich and poor.

None of Egypt's "respectable" opposition are mentioning these policies, because many benefit from them.

If an anti-Mubarak, pro-free-market opposition gains power, they will collide immediately with the majority of working and poor Egyptians, who want a change in the above policies that brought about their misery.

The only opposition group that is expressing the economic demands of the people seems to be the newly-formed Egyptian Federation for Independent Unions, which broke away from the government dominated unions to demand that a "... a minimum wage no less than 1200 LE, with a yearly raise proportionate to inflation; guarantee workers rights to bonuses and benefits according to work value, especially work compensation for those facing work hazards."

and:

"The right for all Egyptian citizens to fair social security including the right to health care, housing, education ‘ensuring free education and syllabus development to cope with science and technology evolution,’ the right for all retired to decent pensions and benefits."

It is demands like these that will decide Egypt's future the day after Mubarak is gone. This will require a complete transformation of Egypt's political system, including its economic policies that are intimately connected to the billions of U.S. foreign aid. It will also require that Egypt's poor and working class develop a clear vision of what they want in order to avoid being led astray by enemies acting as friends.

Shamus Cooke is a social service worker, trade unionist, and writer for Workers Action (www.workerscompass.org).  He can be reached at shamuscook@yahoo.com

Shamus Cooke is a frequent contributor to Global Research.  Global Research Articles by Shamus Cooke

© Copyright Shamus Cooke , Global Research, 2011

Disclaimer: The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of the Centre for Research on Globalization. The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible or liable for any inaccurate or incorrect statements contained in this article.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in