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In an #open_source_revolution strategy against the neoliberal co…

Posted on May 21, 2014 by Shahid Bolsen

In an #open_source_revolution strategy against the neoliberal conquest of Egypt, targeting the interests of corporate imperialism, we need to differentiate between publicly-traded and privately owned companies.

Most foreign investment coming into Egypt as a result of neoliberal reforms is going into companies directly owned by investment firms, or else into projects fully owned by Multinational corporations. Targeting share prices is a tactic that can be used successfully with the latter, as all the major Multinationals are publicly-traded and legally committed to maximum share values.

As previously explained, the value of such shares can be affected by many complex factors, some of which may seem abstract and unpredictable.

Companies that are not publicly-traded, however, serve the interests of their owners by just one simple, straightforward pursuit: maximal profit.

This makes them even more vulnerable than the Multinationals. The dividend to foreign investors from such companies is drawn directly from the company’s profits, not from the increase in share prices. Thus, if you are in a position to negatively impact their profits, you are in a position to enlist their support for your socioeconomic demands.

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