Monday, November 10, 2014

On Free-Market Capitalism Being Blamed for the Decades-Long British Occupation of Egypt

It is total bullshit. Yes, the Brits did in fact export capital but the vast, VAST, percentage of it went to Canada, the U.S., South America, Australia, India, and the rest of Europe, and the only reason that this charge was being made in the first place was because the rest of those Marxist predictions relative to Capitalism had already crashed and burned (workers getting poorer, the middle-class disappearing, the business-cycle imploding on itself, etc.). As for the actual reasons as to why the British wanted to control Egypt, I would submit that they were largely militaristic, strategic (control of the Suez canal), statist, nationalistic, and whole host of other maladies which have characterized the post classical-liberal phase in Europe, the U.S., etc..

3 comments:

dmarks said...

Britain had better keep those ancient Egyptian treasures. With the recent rule of the terrorist Brotherhood, there is no reason to be absolutely sure the treasures would be preserved as well in Egypt.

Will "take no prisoners" Hart said...

Yeah, after they're all done blowing up those statues of the Buddha, those could be next.

dmarks said...

Remember also that it was the Muslim conquerors and occupiers of Egypt that ordered the final destruction of the Library at Alexandria. These are the heroes of today's Muslim Brotherhood.