Author: Shahid Bolsen

Sisi slashed food and fuel subsidies, raised fuel prices, raised taxes, slashed social spending, increased debt, accelerated privatization, facilitated land-grabbing by foreign investors, approved projects for multinationals which endanger the health and safety of the public while he banned any challenges to foreign investor activities; he doubled Foreign Direct Investment (FDI), took out loans to…

The super-rich will claim that neoliberal economic reforms create successful economies, because they personally benefit, while the vast majority of the population suffer conditions similar to the aftermath of war. Neoliberalism transforms a country’s economy from a pyramid shape to an obelisk. Horrendous disparity; massive widespread poverty at the bottom, and a tiny group of…