Adam Hanieh, an expert in the political economy of Palestine, discusses the ongoing Israeli aggression and mass slaughter of Palestinians. He explores the impact of the Oslo Accords on the political economy of Palestine and the expansion of Israeli settlements in the West Bank. Additionally, he delves into the role of neoliberalism, US influence, and international financial institutions in shaping the Palestinian economy.
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Quick takeaways
The US plays a significant role in managing the Palestinian economy through military aid and support of neoliberal economic strategies, which contributes to the ongoing destruction and economic struggles faced by the Palestinian people.
The struggle in Palestine is deeply intertwined with the broader struggle against the unequal distribution of wealth and power in the Middle East, where neoliberalism reinforces the subjugation of the population and benefits a small segment while impoverishing the majority, calling for a comprehensive understanding of the political economy of Palestinian capitalism.
Deep dives
US Role in Managing the Palestinian Economy
The US plays a significant role in managing the Palestinian economy through its military aid to Israel and its influence on international financial institutions such as the World Bank and the IMF. The US provides billions of dollars in military aid to Israel, which has a direct impact on the ongoing destruction in Gaza. The US also exerts control over the Palestinian economy through its support of neoliberal economic strategies and fiscal austerity measures. Additionally, the US has played a role in shaping the framework of the Israeli-Palestinian conflict, including the Oslo Accords, which have contributed to the fragmentation and control of the Palestinian population. Understanding the US role is crucial in comprehending the broader geopolitical dynamics of the region and the economic struggles faced by the Palestinian people.
The Struggle in Palestine as More than a Humanitarian Issue
The struggle in Palestine goes beyond a mere humanitarian issue or a matter of national liberation. It is deeply intertwined with the broader struggle against the unequal distribution of wealth and power in the Middle East. The specific experience of neoliberalism in Palestine is characterized by the total subjugation of the population by the occupying force and the atomization of society, which weakens collective resistance. The Palestinian Authority, as an interlocutor with Israeli and foreign capital, reinforces this neoliberal framework and benefits a small segment of Palestinians while impoverishing the majority. Understanding the political economy of Palestinian capitalism is essential for comprehending the struggle for national liberation and the displacement of Palestinians from their homeland.
Israel's Endgame in Gaza Strip
Israel's endgame in the Gaza Strip revolves around the goal of ethnically cleansing the Palestinian population. The material and economic incentives play a significant role in this strategy. Israel aims to control territory, resources, and movement, implementing policies that fragment and disperse the Palestinian population, reinforcing the settler colonial project. The Israeli government utilizes military force and settler violence to maintain dominance while presenting a Palestinian face through the Palestinian Authority to administer basic social functions. The Gaza Strip represents a captive economy, heavily reliant on international aid and subject to Israeli blockade and aggression. Understanding Israel's endgame requires recognizing the broader geopolitical dynamics and the role of external actors like the United States.
The ongoing bombardment of the Gaza Strip has been front and center in the world’s attention for the last couple of months, and it's important that we keep it there. But it's also important to remember that this latest escalation in violence is just that: an escalation, an increase in violence in a region where violence is the norm, not just militarily but also politically and economically — what we might call structural violence.
The suffering in Palestine has been seen primarily as a humanitarian issue for decades now, but the reality is that reducing Palestine to a matter of humanitarian concern obscures issues of geopolitics and the political economy of the region in a way that decontextualizes much of what is taking place in Palestine, and, importantly, the material conditions and incentives driving the Israeli occupation.
In this conversation, part 5 of our ongoing series on Palestine, we're going to explore the political economies of Palestine and Israel with a guest who is deeply immersed in these questions. Adam Hanieh is a Palestinian professor at the Institute for Arab and Islamic Studies at the University and Exeter and author of Lineages of Revolt: Issues of Contemporary Capitalism in the Middle East, published by Haymarket Books.
In this conversation Adam helps us understand the relationships between the Gaza Strip, the West Bank, and Israel, how class manifests in these different regions, what the political economies of these regions are and how they shape Israel’s ongoing ethnic cleansing campaign, and in general, the importance of understanding the geopolitical dynamics of the broader region and neighboring Arab states when trying to understand what is happening in Palestine and Israel.
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