| Summary/Abstract |
Since the revolution of 2011, the Egyptian military has emerged as agent of capital accumulation, engaging with international financial institutions and global investors, and simultaneously reorganizing the various fractions of the ruling class inside Egypt. While the military had established a significant degree of influence in the economy prior to the revolution, it has become increasingly active in the political realm raising alarms about the democratic possibilities in Egypt. While these concerns have been highlighted in the literature, there is still a lack of research that examines how the military has evolved into a dominant economic and political actor in the context of the current global economy. Using class analysis, I reinterpret the military’s role as an emerging dominant fraction of the ruling class under the contemporary phase of neoliberal development. As such, its ascension to power does not signify a threat to economic liberalization, but is rather an attempt to secure the conditions of its further expansion.
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