Egypt's Occupation tells for the first time the story of that financial expansion and the devastating crises that followed.Īaron Jakes offers a sweeping reinterpretation of both the historical geography of capitalism in Egypt and the role of political-economic thought in the struggles that raged over the occupation. All but obscured in such accounts, however, is Egypt's emergence as a colonial laboratory for financial investment and experimentation. From this perspective, the British occupation of 1882 merely sealed the country's fate as a vast plantation for European textile mills. The history of capitalism in Egypt has long been synonymous with cotton cultivation and dependent development.
