The economic cycle of the Arab region is one of oil rents and war. The Gulf
States generate the oil rents whilst the neighbouring Arab states by reasons of
propinquity generate geopolitical rents. Egypt is second to Israel in the
amount of direct aid, and Jordan is an American protectorate and an Official
Development Assistance Showcase. Rents promote an idle way of life. Oligarchs
distribute the rent on the basis of tribal allegiance and political loyalty. By
reducing the space available for industrial expansion, rents and merchant
capital hold back the possibility of cross-sect or cross ethnic socialization.
In this context, interestingly enough, the Gulf mode of development is a model
of oil wells carved into states around which a very small indigenous population
resides served by millions of indentured Asian, on the whole the expatriates
receive poverty wages of an average around 400 US$ a month. The labour pricing
differentials that underpin highly
uneven developments allow the state of things to deteriorate to a point where
one Asian domestic serves two Gulf residents.
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