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Capitalism and Class in the Gulf Arab States [Hardcover]

Adam Hanieh

RRP: 55.00
Price: 51.85 & FREE Delivery in the UK. Details
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Book Description

21 Jun 2011

The six Arab states of the Gulf Cooperation Council (GCC) play an increasingly prominent role in the global economy and throughout the broader Middle East region. This book analyzes the recent development of Gulf capitalism through to the aftermath of the 2008 economic crisis. Situating the Gulf within the evolution of capitalism at a global scale, it presents a novel theoretical interpretation of this important region of the Middle East political economy. Accompanied by an extensive empirical analysis of all sectors of the GCC economy, the book argues that a new capitalist class, Khaleeji Capital, is forming in the Gulf - with profound implications for the Middle East as a whole.


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'...Hanieh's analysis combines a masterful balance of understanding local along with global factors concerning state and class formation, avoiding both the pitfall of missing the role of the world-system itself and the opposite mistake of seeing all development in the world today as wholly reducible to activity at the global level...' -Against the Current

Book Description

This book analyzes the recent development of Gulf capitalism through to the aftermath of the 2008 economic crisis

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