Egypt

"Sisi has never disclosed his plan for the country’s future – assuming he has one. He projects himself as a new Nasser, but his idol had vast resources thanks to the land he confiscated from the rich, the foreign companies he nationalised, and the Soviet Union. Nothing like this is available to Sisi. Since the late 1970s, Egypt’s economy has come under the control of private businessmen able to liquidate their investments and move their funds offshore at the first sign of trouble. And the pockets of Egypt’s supporters in the Gulf are not as deep as those of Communist Russia during the Cold War. Partnership with Egypt’s capitalists in a US-style military-industrial complex might prove useful to the armed forces, but it won’t bring social justice any closer. What will happen when those who currently believe that Sisi’s presidency is the answer to their problems – to unemployment, poverty, inadequate healthcare, under-funded education, shantytowns and all the rest – come to realise that the country’s structural problems are beyond his capacity to solve? And how will Sisi react if his popularity begins to crumble? It is possible that a draconian epoch is just beginning." — Hazem Kandil, London Review of Books, February 2014