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Conventional wisdom - or more accurately, perhaps, corporate media - would suggest that this is happening because the growing middle-class have rising expectations for individual freedom, mobility, money, private health and education, luxury commodities, cars, and so on. It is suggested that what is fuelling the discontent with autocratic regimes is middle-class aspiration for an unfettered market and their frustrations with the regimes that prevent them enjoying these benefits.

Almost without exception, the same set of social and economic policies were implemented under pressure from the IFIs (international financial institutions) across the African continent - the so-called structural adjustment programmes (later rebranded as Poverty Reduction Strategy Programmes), all to ensure that African countries serviced the growing debt. But the agenda of the creditors was also to use the debt ‘crisis’ to open avenues for capital expansion, through extreme privatization and liberalization of African economies.

The net effect was to reduce the state to having a narrowly prescribed role in economic affairs, and precious little authority or resources to devote to the development of social infrastructure, its primary role being to ensure an ‘enabling environment’ for international capital and to police the endless servicing of debt to international finance institutions.[8]

the most serious consequence of these policies was not simply the reversal of the many gains of independence, but the erosion of the ability of citizens to control their own destiny. Self-determination, originally such a powerful motor force for mobilisation in the anti-colonial movement, was gradually suffocated. Economic policies were no longer determined by citizens and their representatives in government, but by technocrats from the international finance institutions and the World Bank, with hefty support provided by the international aid agencies.

And where progressive developments occurred – as in Burkina Faso under Thomas Sankara – assassinations, support for military coups and economic isolation were some of the weapons used to prevent citizens having the audacity to construct alternatives to the crass policies of neoliberalism.

Research by the Tax Justice Network (TJN) estimates that a staggering US$11.5 trillion has been siphoned 'offshore' by wealthy individuals, held in tax havens where they are shielded from contributing to government revenues.

Many criticise SAPs/PRSPs as being the product of bad policy - neoliberal policies that are said to be dogmatic and an expression of 'market fundamentalism'. But, as Prabhat Patnaik has argued recently, the policies that are being insisted upon by the international finance institutions are the result of the structural needs of financialised capitalism in the present era, something that began as early as the 1970s and today dominates all parts of the global economy.

If a country is graded well by credit-rating agencies then that becomes a matter of national pride, no matter how miserable its people are.

But perhaps the most serious dispossession that we face is a political dispossession. Our governments are more accountable today to the international financial institutions, to the corporations who extract wealth without restriction, to the international aid agencies that finance institutions such as the IMF, than to citizens. In this sense, our countries are increasingly becoming more akin to occupied territories than democracies.

The sweeping away of Ben Ali in Tunisia and of Hosni Mubarak in Egypt took the imperial governments, who had been ardently supporting those regimes financially, economically, politically and militarily, completely by surprise. The corporate media sought to present the uprisings as sudden and spontaneous, despite the evidence in both countries that the eventual pouring of people on to the streets was the outcome of years of attempts to organize protests that had been brutally suppressed. Corporate media sought to present the mobilizations as being the product of Twitter and Facebook, obscuring the agency of people and conveniently forgetting that in Egypt the largest mobilization occurred after both the Internet and mobile phone networks had been blocked.

Imperial response to the uprisings has been, in essence, to establish in Tunisia Ben Ali-ism without Ben Ali, and in Egypt, Mubarak-ism without Mubarak.

With the fall of Mubarak, it is hardly surprising that the US has been eager to push for the formation of a government comprising the remaining components of Mubarakism - the military and the Muslim Brotherhood.

If the events in Tunisia and Egypt inspired hope, its twin, despair, is perhaps what is dominant in relation to Libya, Côte d'Ivoire and Somalia.

the current crisis of capitalism is different from the earlier one in that the scale of concentration and centralization of capital is unprecedented, and accompanied by a financialisation of capital also on an unprecedented scale. As one person recently characterized it: General Motors used to produce cars and occasionally speculated; today General Motors speculates on the stock markets, and occasionally produces cars!

In Africa we have seen the devastation of Somalia, the destruction of the natural environment in places such as the Niger Delta, the military interventions in Libya and Côte d'Ivoire, to say nothing of the arming of regimes that ensure the illegal occupation of the territory of Western Sahara. At the same time we see the emergence of social movements seeking to reassert the dignity of our people, the protests and uprisings that have developed over the continent. The outcome of all these events cannot be foreseen. But there are grounds for optimism, I believe.

What this approach ignores is that while citizens may have a chance to vote once every four to five years, finance capital votes every day on the stock markets, voting that has a direct consequence on every aspect of production, and on the price of every day goods, fuel, land prices, and so on.

Secondly, one of the striking features of the current period is the degree to which there is growing recognition across the global South of the commonalities in experience of the dispossessed. Indeed, there is even recognition of those commonalities emerging in the North - viz the recent uprisings in Wisconsin, Spain and Greece. For the first time in many years, there is a potential to create solidarity links with people in struggle based not on charity and pity, but on an understanding of the common cause of our dispossession.

while recognizing that there are many struggles against those who seek to exploit Africa, there are opportunities also to create today the alternatives to profit-driven motives of corporations. For example, African farmers’ organisations are confronting the onslaught of foundations such as the Bill and Melinda Gates Foundation and the Rockefeller Foundation, backed by oligopolies like Monsanto, that are ‘pushing agro-chemical crops using multi-genome patents.

‘You cannot carry out fundamental change without a certain amount of madness. In this case, it comes from nonconformity, the courage to turn your back on the old formulas, the courage to invent the future. It took the madmen of yesterday for us to be able to act with extreme clarity today. I want to be one of those madmen.’

Egypt’s problems stem from the weakness of the private sector and the "rent-seeking" of state officials. The solution is to open Egypt’s markets to the outside world, lift restrictions on investment in key sectors of the economy, liberalise ownership laws, end subsidies to the poor for food and other necessities and increase market competition.

The mechanisms of this conditionality are discussed further below, at this stage, it is simply important to note that there has been an unassailable link established between aid and the fulfillment of neoliberal reforms.

This policy shift, however, does not represent a turn away from the logic of neoliberalism. Rather, it actually serves to reinforce this logic, by tailoring institutions to the needs of the private sector and removing any ability of the state to intervene in the market.

In the case of Egypt, the discourse of institutional reform has allowed neoliberal structural adjustment to be presented not just as a technocratic necessity – but as the actual fulfillment of the demands innervating the uprisings.

his fundamental message has been repeatedly emphasised by US and European spokespeople over the last weeks: this was not a revolt against several decades of neoliberalism – but rather a movement against an intrusive state that had obstructed the pursuit of individual self-interest through the market.

The political demands heard on the streets of Egypt today – to reclaim wealth that was stolen from the people, offer state support and services to the poor, nationalise those industries that were privatised and place restrictions on foreign investment – can be either disregarded or portrayed as "anti-democratic".

Precisely because Egypt’s uprising was one in which the political and economic demands were inseparable and intertwined, this effort to recast the struggle as "pro-market" is, in a very real sense, directly aimed at undercutting and weakening the country’s ongoing mobilisations.

There are two common elements to all the financial support offered to Egypt to date – an extension of loans (i.e. an increase in Egypt’s external debt) and promised investment in so-called public-private partnerships (PPPs).

n other words, contrary to popular belief, more money actually flows from Egypt to Western lenders than vice versa. These figures demonstrate the striking reality of Egypt’s financial relationship with the global economy – Western loans act to extract wealth from Egypt’s poor and redistribute it to the richest banks in North America and Europe.

Of course, the decision to borrow this money and enter into this "debt trap" was not made by Egypt’s poor. The vast majority of this debt is public or publically guaranteed (around 85%), i.e. debt that was taken on by the Mubarak government with the open encouragement of the IFIs. Egypt’s ruling elite – centred around Mubarak and his closest coterie – profited handsomely from these transactions (estimated in the many billions).

It is actually a debt swap – a promise to reduce Egypt’s debt service by $1 billion, provided that money is used in a manner in which the US government approves. This debt swap confirms the relationship of power that is inherent to modern finance.

The US is able to use Egypt’s indebtedness as a means to compel the country to adopt the types of economic policies described above.

Unless these loans are refused and the existing debt repudiated, Egypt will find itself in a cul-de-sac from which there is little chance of escape. Foreign debt is not a neutral form of "aid" but an exploitative social relation established between financial institutions in the global North and countries in the global South.

OPIC’s mandate is to support US business investment in so-called emerging markets; it provides guarantees for loans (particularly in the case of large projects) or direct loans for projects that have a significant proportion of US business involvement and may face political risk.

In the case of Egypt, this is likely to take place primarily through the use of US government funds to establish public-private partnerships (PPPs). A PPP is a means of encouraging the outsourcing of previously state-run utilities and services to private companies. A private company provides a service through a contract with the government – typically, this may include activities such as running hospitals or schools, or building infrastructure such as highways or power plants.

OPIC’s intervention in Egypt has been explicitly tied to the promotion of PPPs. An OPIC press release, for example, that followed soon after Obama’s speech, noted that the $1 billion promised by the US government would be used “to identify Egyptian government owned enterprises investing in public-private partnerships in order to promote growth in mutually agreed-upon sectors of the Egyptian economy.”

Anyone who has any illusions about the goals of the EBRD’s investment in Egypt would do well to read carefully the EBRD 2010 Transition Report. The report presents a detailed assessment of the East European and ex-Soviet republics, measuring their progress on a detailed set of indicators. These indicators are highly revealing: (1) Private sector share of GDP; (2) Large-scale privatisation; (3) Small-scale privatisation; (4) Governance and enterprise restructuring; (5) Price liberalisation; (6) Trade and foreign exchange system; (7) Competition policy; (8) Banking reform and interest rate liberalisation; (9) Securities markets and non-bank financial institutions; (10) Overall infrastructure reform.[5] Only countries that score well on these indicators are eligible for EBRD loans. A research institute that tracks the activity of the EBRD, Bank Watch, noted in 2008 that a country cannot achieve top marks in the EBRD assessment without the implementation of PPPs in the water and road sectors.

Moreover, fully embracing the pro-market ideological discourse discussed above, the Egyptian government promised to relax control over foreign investments through committing “to overcoming the previous shortcomings of excessive government centralisation. In addition, we will build on existing initiatives to achieve a greater level of decentralisation, especially in terms of local planning and financial management”.

As the decades of the Egyptian experience of neoliberalism illustrate all too clearly, these measures will further deepen poverty, precarity and an erosion of living standards for the vast majority. Simultaneously, the financial inflows will help to strengthen and consolidate Egypt’s narrow business and military elites as the only layer of society that stands to gain from further liberalisation of the economy. The expansion of PPPs, for example, will provide enormous opportunities for the largest business groups in the country to take ownership stakes in major infrastructure projects and other privatised service provision. Alongside foreign investors, these groups will gain from the deregulation of labour markets, liberalisation of land and retail activities, and the potential access to export markets in the US and Europe.

These measures also have a regional impact. Their other main beneficiary will be the states of the Gulf Cooperation Council (Saudi Arabia, Kuwait, United Arab Emirates, Bahrain, Qatar and Oman), which are playing a highly visible and complementary role alongside the IFIs. Saudi Arabia has pledged $4 billion to Egypt – exceeding the amounts promised by the US and EBRD.

As with the investments from Western states, these financial flows from the GCC are dependent upon the further liberalisation of Egypt’s economy, most likely through the mechanisms of PPPs. Indeed, Essam Sharaf, Egypt’s interim prime minister, and Samir Radwan, finance minister, have both travelled frequently to the GCC states over recent months with the aim of marketing PPP projects, particularly in water and waste water, roads, education, health care and energy.

In essence, the financial initiatives announced over recent weeks represent an attempt to bind social layers such as these – Egypt’s military and business elites, the ruling families and large conglomerates of the GCC, and so forth – ever more tightly to the Western states. The revolutionary process in Egypt represented an attack against these elements of the Arab world.

Of course, African protest movements do not face an easy route. Confronted with the deregulatory pressures of global development frameworks these movements must contend with mushrooming food and utility prices, and the violence meted out by states when faced with meaningful opposition to neo-liberal economic programmes. Indeed, the negativity questioned by the audience member in London referred to the state-sponsored violence visited upon African protestors which the different protestors repeatedly referred to.

social change takes time, and requires a broader social base than just the urban middle class elite which characterised the Tahrir Square phenomenon.

Calls for greater democracy in Africa are not framed purely within the actions of specific corrupt ruling elites. Rather it is the relationships between these ruling elites and the agents of global free-market capitalism which are the source of much public anger. It is these relationships which have amongst other things shrunk public services and robbed the continent of the bulk of the profits from its most valuable natural resources. And these relationships have been enabled by international donor policies which have shrunk the state in Africa in the belief that it is the state which has been the source of African’s problems. 

And so, if we search for images of recent African protests what we will find is not an overwhelming number of crowds with placards calling for greater openness in government, but a set of explicitly socio-economic demands relating to price rises and unemployment, or the withdrawal of affordable public services and utilities, all brought on by the skewed position of Africa in the global economy, and the enforced privatisation of land, energy and other resources which have largely fallen into the hands of foreign profit-extractive companies and their collaborators in the ruling elites of African countries. 

African elites are not uniquely corrupt, nor do they exist in a vacuum of African corruption, but neither is Africa a pure victim of contemporary economic imperialism.  African elites are as complicit in processes of resource and profit extraction as the multinational corporations such as Shell Oil who so often come in for the vitriol of social justice and anti-corporate activists.

It is not enough for international donors to call for ‘free and fair’ elections, only for them to enforce, by dint of the implicit threat of aid withdrawal, a complicity amongst all the candidates with neoliberal economic orthodoxy. This is what we find repeatedly in African elections, and in this respect at least it would be fair to say that African elections differ very little from elections in many other parts of the world, including the UK. 

African activists have much to teach the rest of the world in resisting austerity, and the many obstacles that lie in the path of such resistance, and it is about time more of us started to listen.

Like the European revolutions of 1848 and the uprising against Stalinism in 1989, the Arab revolt has rejected fear. An insurrection of suppressed ideas, hope and solidarity has begun

Before it was ousted, the Muslim Brotherhood faced serious structural constraints in Egypt and it made many wrong decisions. Since its electoral victory there was an ongoing power struggle in Egypt and its Freedom and Justice Party clumsily attempted to consolidate its political control over Egypt. The Muslim Brotherhood’s attempts to consolidate power meant that it has had to live with and work with a vast array of state institutions and bodies filled with its opponents, corrupt figures, and old regime loyalists. The Freedom and Justice Party tried to slowly purge the Egyptian state of Mubarak loyalists and old regime figures, but Morsi was forced to also work with them simultaneously. This made the foundations of his government even weaker.

Just as Hamas was forced by the US and its allies to accept Fatah ministers in key positions in the Palestinian government that it formed, the Muslim Brotherhood was forced to do the same unless it wanted the state to collapse and to be internationally isolated. The main difference between the two situations is that the Muslim Brotherhood seemed all too eager to comply with the US and work with segments of the old regime that would not challenge it. Perhaps this happened because the Muslim Brotherhood feared a military takeover. Regardless of what the reasons were, the Muslim Brotherhood knowingly shared the table of governance with counter-revolutionaries and criminals.

As a result of the Muslim Brotherhood’s collaboration with the US and Israel, large components of the protests in Egypt against Morsi were resoundingly anti-American and anti-Israeli.

The Muslim Brotherhood has tried to use the Obama Administration to ascend to power whereas the Obama Administration has used the Muslim Brotherhood in America’s war against Syria and to slowly nudge the Hamas government in Gaza away from the orbit of Iran and its allies in the Resistance Bloc. Both wittingly and unwittingly, the Muslim Brotherhood in broader terms has, as an organization, helped the US, Israel, and the Arab petro-sheikhdoms try to regionally align the chessboard in a sectarian project that seeks to get Sunnis and Shias to fight one another.

Furthermore, the Muslim Brotherhood had its own agenda and it seemed unlikely that it would continue to play a subordinate role to the United States and Washington was aware of this.

Mohammed Al-Baradei (El-Baradei / ElBaradei), a former Egyptian diplomat and the former director-general of the politically manipulated International Atomic Energy Agency (IAEA), has been offered the post of interim prime minister of Egypt by the military. He had returned to Egypt during the start of the so-called Arab Spring to run for office with the support of the International Crisis Group, which is an organization that is linked to US foreign policy interests and tied to the Carnegie Foundation, the Ford Foundation, and George Soros’ Open Society Institute.

Many of the Muslim Brotherhood’s supporters are emphasizing that an unfair media war was waged against them. The Qatari-owned Al Jazeera Mubasher Misr, Al Jazeera’s Egyptian branch which has worked as a mouth piece for the Muslim Brotherhood, has been taken off the air by the Egyptian military. This, along with the ouster of Morsi, is a sign that Qatar’s regional interests are being rolled back too. It seems Saudi Arabia, which quickly congratulated Adli Al-Mansour, is delighted, which explains why the Saudi-supported Nour Party in Egypt betray the Muslim Brotherhood.

Despite the media reports and commentaries, the Muslim Brotherhood was never fully in charge of Egypt or its government. It always had to share power with segments of the old regime or “Washington’s and Tel Aviv’s men.

The discussions on Sharia law were predominately manipulated by the Muslim Brotherhood’s opponents primarily for outside consumption by predominantly non-Muslim countries and to rally Egypt’s Christians and socialist currents against Morsi. As for the economic problems that Egypt faced, they were the mixed result of the legacy of the old regime, the greed of Egypt’s elites and military leaders, the global economic crisis, and the predatory capitalism that the United States and European Union have impaired Egypt with. Those that blamed Morsi for Egypt’s economic problems and unemployment did so wrongly or opportunistically. His administration’s incompetence did not help the situation, but they did not create them either. Morsi was manning a sinking ship that had been economically ravaged in 2011 by foreign states and local and foreign lenders, speculators, investors, and corporations.

Their hesitation at restoring ties with Iran and their antagonism towards Syria, Hezbollah, and their Palestinian allies only managed to reduce their list of friends and supporters.

The US, however, will be haunted by the coup against Morsi. Washington will dearly feel the repercussions of what has happened in Egypt. Morsi’s fall sends a negative message to all of America’s allies. Everyone in the Arab World, corrupt and just alike, is more aware than ever that an alliance with Washington or Tel Aviv will not protect them. Instead they are noticing that those that are aligned with the Iranians and the Russians are the ones that are standing.

An empire that cannot guarantee the security of its satraps is one that will eventually find many of its minions turning their backs on it or betraying it. Just as America’s regime change project in Syria is failing, its time in the Middle East is drawing to an end. Those who gambled on Washington’s success, like the Saudi royals, the Muslim Brotherhood, and Turkey’s Prime Minister Recep Erdogan, will find themselves on the losing side of the Middle East’s regional equation.

Syrians have still found ways to return a tiny semblance of normalcy to refugee camps across the region, such as opening their own food stands, hair salons, and dress shops. Being industrious is a trait Syrians have always taken great pride in.