4min chapter

Ones and Tooze cover image

The Nobel Economics Prize Rewards Bank Run Breakthroughs

Ones and Tooze

CHAPTER

General Strike in Iran

Bazaars seem to occupy a special role in the Iranian political economy, or at least in Iranian history going back to the 1950s. The bazaari merchants are actually a somewhat incongruous group to be engaged in general striking because they're petty bourgeois and not workers. But as petty bourgeois, small shopkeepers and merchants, they're actually deeply aligned with the Islamic Republic and the Ayatollah Khomeini's regime.

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