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The Military as a Fraction of Capital
Published online by Cambridge University Press: 13 March 2020
Chapter four examines the evolution of the Egyptian military from an organization associated with the implementation of a statist model of development in the immediate post-colonial period, to an emergent fraction of capital in the neoliberal period. Under the tenure of Sadat, leading military figures lost their privileged access to the political sphere. However, this formal depoliticization of the military was compensated with the granting of new forms of economic privileges that enabled the leadership of the military to begin expanding their institutional and personal economic power. In the context of the neoliberal shift in the 1990s and 2000s, the military was able to expand its economic power further, thereby emerging as a fraction of capital in competition with that of the neoliberals associated with the NDP.
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