The Passionate Attachment

America's entanglement with Israel

Post-Revolutionary Arab World’s Turkish (via Chicago) Economic Model

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Pro-Israel democracy promoters like Larry Diamond envisage Turkey’s Justice and Development Party (AKP) as a model for post-revolutionary political parties in the Middle East and North Africa. Here’s why the likes of George Soros backs the Arab uprisings, as well as a taste of what Arab protestors can look forward to:

Over the past decade the most dynamic country in the Middle East has been Turkey. Led by a liberal democratic regime of Islamic inspiration, Turkey has led the region in GDP growth and in the production of billionaires. The Turkish economic performance has been presented by the World Bank and the IMF as a model for the post dictatorial regimes in the Arab world – ‘high growth’, a diversified economy based on the growing concentration of wealth. Turkey has 35% more billionaires than the Gulf and North African states combined. The ‘secret’ of Turkish growth is the high rates of investments in diverse industries and the intensive exploitation of labor.

The IMF-approved Turkish model is essentially the Chicago model, better known as the so-called Washington Consensus. As Jeff Gates, author of the must-read Guilt By Association, told me in an interview about the economic crisis:

“At the core of this worldview lies a premise whose purpose is easily stated: ‘maximize financial returns and – trust us – all else will be fine.’ Faith in that perspective ensured today’s results,” Gates explains.

This “Chicago” state of mind, Gates argues, had far-reaching consequences that could have been easily foreseen by its advocates. “The results of this purpose-driven ‘operating system’ were guaranteed to concentrate wealth and income and thereby undermine both democracies and markets. By equating personal freedom with financial freedom, we were induced to freely embrace the very forces that now jeopardize freedom,” Gates says.

“Nowhere in this operating system is there any provision for the values essential to the long-term health of communities: fiscal foresight, civil cohesion and environmental sustainability. Money is the only value granted a voice.”


Written by Maidhc Ó Cathail

April 22, 2011 at 2:10 pm

Posted in Uncategorized

One Response

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  1. […] Previamente, me referí brevemente a los promotores pro-Israel de la democracia como el juez Larry Diamond, que contemplan el Partido Justicia y Desarrollo (AKP) de Turquía como un modelo para los partidos políticos para la post-primavera árabe en el Medio Oriente y Norte de África. Mahdi Darius Nazemroaya, un investigador que se especializa en el Medio Oriente y Asia Central, ofrece una visión más profunda de los atractivos del “modelo turco” para las fuerzas antidemocráticas que respaldan la “primavera árabe”: […]

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