Re: [Pen-l] Goodbye Dubai

[soula avramidis <soulaavramidis2002@xxxxxxxxx>]

The economic cycle of the Arab region is one of oil rents and war. The Gulf States generate the oil rents whilst the neighbouring Arab states by reasons of propinquity generate geopolitical rents. Egypt is second to Israel in the amount of direct aid, and Jordan is an American protectorate and an Official Development Assistance Showcase. Rents promote an idle way of life. Oligarchs distribute the rent on the basis of tribal allegiance and political loyalty. By reducing the space available for industrial expansion, rents and merchant capital hold back the possibility of cross-sect or cross ethnic socialization. In this context, interestingly enough, the Gulf mode of development is a model of oil wells carved into states around which a very small indigenous population resides served by millions of indentured Asian, on the whole the expatriates receive poverty wages of an average around 400 US$ a month. The labour pricing differentials that underpin highly uneven developments allow the state of things to deteriorate to a point where one Asian domestic serves two Gulf residents.

 

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