Socialist Worker

Incredible wealth of the rich under Mubarak

Issue No. 2239

The regime encouraged a celebration of wealth and greed. It has sold state land near Cairo to property developers at knock‑down prices.

They constructed gated communities where the wealthy buy villas and apartments with views of the pyramids.

While the poor cannot access drinking water, the rich enjoy swimming pools guarded by police and private security.

Inequalities have increased. In 2000 the World Bank said that 16 percent of people lived on under $2 a day. Today figures show it has reached 40 percent.

Millions of people evicted from the land have migrated to the cities, to eke out a living.

For the first time, Egyptians are leaving the country through clandestine means. Thousands have travelled to Libya, where they attempt to reach Europe by crossing the Mediterranean in boats supplied by unscrupulous agents—many have drowned.

Policies celebrated as an economic orthodoxy have destroyed the lives of millions of people across the world.

Finally breaking through the barrier of fear, the revolution has provided an opportunity for the mass of Egyptians to pass judgement. They demand everything denied by almost four decades of “liberal” change.

Across the Middle East, people subject to the very same policies are asking how they can fight back.

The spreading of revolt is a response to years of relentless pressure imposed by a state which adopted more and more repressive methods to impose a specific strategy.


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News
Tue 15 Feb 2011, 18:48 GMT
Issue No. 2239
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