No factories, no problems: the logic of neo‐liberalism in Egypt

Timothy Mitchell

Review of African Political Economy, 1999, vol. 26, issue 82, 455-468

Abstract: Neo‐liberalism is a success of the political imagination. Its achievement is a double one. It makes the window of political debate uncommonly narrow and at the same time promises from this window a prospect without limits. On the one hand it frames public discussion within the elliptic language of neo‐classical economics. The condition of the nation and its collective well being are pictured only in terms of how it is adjusted in gross to the discipline of monetary and fiscal balance sheets. On the other, neglecting the actual concerns of any concrete local or collective community, it encourages the most exuberant dreams of private accumulation — and a chaotic reallocation of collective resources.

Date: 1999
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DOI: 10.1080/03056249908704412

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Review of African Political Economy is currently edited by Graham Harrison, Branwen Gruffydd Jones, Claire Mercer, Nicolas Pons-Vignon, Aurelia Segatti and Ray Bush

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