Sami Hamdi | Boycott, Divestment, Sanctions? How to truly economically help the Palestinians
Dec 5, 2023
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Political commentator Sami Hamdi discusses the economic factors influencing the stance of Muslim states on Palestine, the political dynamics and economic motivations in the Middle East, Israel's economic interests and the BDS movement, empowering Muslim businesses, the importance of identifying present battles, harnessing the power of the Muslim vote in the UK, and the influence of the ordinary Muslim population in shaping public opinion and advocating for the Palestinian cause.
Boycotts and divestment can show solidarity with Palestine and work towards tangible consequences for Israel.
Applying sanctions to Israel could impact its economy and potentially influence political decisions.
Muslim businesses have the potential to act as alternatives to global brands and advance the cause through long-term impact.
Deep dives
Shift in Global Public Opinion
There was a clear shift in global public opinion towards South Africa and now towards Palestine. The discourse surrounding Israel is shifting, with more people talking about its atrocities.
The Role of Boycotts and Divestment
Boycotts and divestment can play a role in showing solidarity with Palestine. Although the impact may not be immediate or significant, it is a way for individuals to express their grievances and work towards tangible consequences for Israel.
Economic Interests of Israel
Israel aims to be economically indispensable in the region. Economic integration and investment are key aspects of the Israeli government's strategy to secure its power. The tech sector and defense companies, along with investments from the US and other nations, play a significant role in Israel's economy.
The Potential of Sanctions
Sanctions have been effective in other conflicts, such as South Africa. Applying sanctions to Israel could turn off the economic support that it receives from various countries, impacting its economy and potentially influencing political decisions. Shifting global public opinion and exerting pressure through sanctions can force policymakers to reconsider their support for Israel.
The Power of Boycott and the Potential of Muslim Businesses
The podcast discusses the power of boycott and its potential impact on Muslim businesses. It highlights the importance of having Muslim-owned companies that can act as alternatives and effectively compete with global brands. The example of Turkish companies competing globally is cited to emphasize the potential of Muslim businesses. The discussion also explores how boycotting may not have an immediate impact but can have a long-term influence, encouraging the next generation to advance the cause.
Political Engagement and Harnessing Muslim Voting Power
The podcast delves into the importance of political engagement for the Muslim community. It emphasizes the significance of mobilizing the Muslim vote and exerting political influence. The discussion suggests that Muslims in the UK should consider supporting independent candidates in areas where their votes can make a difference. It highlights the potential power of the Muslim vote, drawing comparisons to the impact Muslim voters have had in the US elections. The ultimate goal is to measure the extent of Muslim power in influencing elections, which can lead to a revision of party platforms and policies.
ππ»ββοΈ Our investment arm, Cur8 Capital
Political commentator Sami Hamdi joins us for an insightful and informative deep dive into the economics of the Israel-Gaza conflict and how we Muslims can actually make a difference.
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