In Egypt, the corporate flood is only beginning. Healthcare, education, electricity, are all moving to privatization. The tourism sector will be dominated by Gulf companies. Every sector of the economy will be conquered; or rather, they have already been conquered on paper, in the loan agreements between the government and the IMF and World Bank, and we will just continue to see the conditions of Egypt’s surrender being implemented in the coming weeks, months, and years.
The Egyptian Pound is worthless, while costs are rising; this is the standard formula for creating unsustainable personal debt which will be financed by the banks you probably see opening branches across your cities.
Is the problem the coup? After all, it was Sisi who signed these agreements. It was Sisi who led the collaboration with the global owners of capital for the selling and enslavement of Egypt. OK; yes and no. First of all, yes he did, but those deals are done now, the agreements are signed, and the consequences are unfolding irreversibly now. Getting rid of Sisi will not change that. When he signed the 20 year agreement with the IMF, Sisi essentially signed his own resignation; like the owner of a company signing ownership of his business to a larger firm; he is no longer necessary. He may not understand that yet, but he will. I suspect that he will be replaced within the next two years; either by another military man or by a civilian. It may be too soon for a civilian, but either way, there is no particular reason to keep Sisi in his position. His replacement, of course, will not be an improvement for the Egyptian people, except that they will be glad to see him go.
But the answer to the question is also “no” because, quite frankly, the power of the international business community is simply too great to resist. They gave Mursi a chance to capitulate with their agenda, and he hesitated. He was also unable on a practical level to do so because he did not have control over the army. This is why he is in prison today. If Sisi had hesitated, if he had resisted the corporate imperialist conquest of Egypt, he would have met a similar fate.
This is why I have been saying all along that the struggle in Egypt is an independence struggle, it is essentially an anti-colonialist struggle. If you see it, and if you pursue it, as merely a struggle against the coup; you are missing the point. And if you succeed, all you will succeed in doing is changing the personnel overseeing the Capitalist conquest of the country; you will not reverse that conquest.