Fusing Islamism and Neoliberalism in Egypt, Tunisia and Morocco: A Study into the Economic Policies of Three Islamist Parties

Abstract: This thesis analyses the economic policies of three Islamist parties that have come to power in the aftermath of what has come to be known as the Arab Spring. Campaigning on a platform emphasizing social justice and wealth redistribution, these parties have likewise embraced neoliberal economic policies. This thesis investigates how the Egyptian Freedom and Justice Party, the Tunisian Ennahda party and the Moroccan Party for Justice and Development have justified these two apparent contradictions and whether these parties perceive the latter as being antithetical to the former. On the basis of a wide range of primary and secondary sources, I conclude that the main channels through which these parties believe social justice and wealth redistribution are to be achieved in a neoliberal economy is through ‘trickle-down economics’ and wealth redistribution through zakat and other forms of individual charity. Evaluating the respective parties’ periods in power, one would have to...Show moreAbstract: This thesis analyses the economic policies of three Islamist parties that have come to power in the aftermath of what has come to be known as the Arab Spring. Campaigning on a platform emphasizing social justice and wealth redistribution, these parties have likewise embraced neoliberal economic policies. This thesis investigates how the Egyptian Freedom and Justice Party, the Tunisian Ennahda party and the Moroccan Party for Justice and Development have justified these two apparent contradictions and whether these parties perceive the latter as being antithetical to the former. On the basis of a wide range of primary and secondary sources, I conclude that the main channels through which these parties believe social justice and wealth redistribution are to be achieved in a neoliberal economy is through ‘trickle-down economics’ and wealth redistribution through zakat and other forms of individual charity. Evaluating the respective parties’ periods in power, one would have to conclude that as far as securing social justice is concerned, the reality is quite different from the campaign rhetoric. This has to some large extent been caused by demands raised by international financial institutions in exchange for loans to these countries, but likewise occurred prior to engaging in negotiations and eventually signing agreements with these institutions. Especially in the realm of labor laws, minimum wage laws, stimulating small and medium size enterprises and reducing subsidies on much needed consumer goods, the parties have not lived up to their earlier promises.Show less

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Fusing Islamism and Neoliberalism in Egypt, Tunisia and Morocco: A Study into the Economic Policies of Three Islamist Parties