From War Profits to Peace Dividends: The New Political Economy of Israel

From War Profits to Peace Dividends: The New Political Economy of Israel
Nitzan, Jonathan and Bichler, Shimshon. (1996). Capital & Class. No. 60. pp. 61-94. (Article - Journal; English).

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Abstract or Brief Description

Since the late 1980s, Israel has been undergoing a profound transformation, characterized by reconciliation with its Arab neighbours and attempts to reintegrate into the regional economy, a transition from a militarized economy to open markets, and a decline of the collectivist ethos in favour of liberalism and free enterprise. This transition, we argue, is part of a world-wide shift from the 'depth' to 'breadth' of accumulation and the parallel globalization of ownership. In order to survive, the large Israeli corporations must substitute outward expansion for the old protectionism of a militarized economy, and give up domestic control in return for global alliances.



Publication Type

Article - Journal


Arms accumulation acquisitions capital capitalism centralization competition conflict conglomeration corporation crisis debt demographics development distribution dual economy elite energy finance globalization growth imperialism distribution IPE Israel labour liberalization M&A merger methodology Middle East military national interest security oil OPEC ownership Palestine peace politics power privatization profit ruling class sabotage stagflation state stock market technology TNC United States US violence war Zionism


BN Theory
BN State & Government
BN Region - Middle East
BN Cooperation & Collective Action
BN Industrial Organization
BN Institutions
BN Power
BN International & Global
BN Region - North America
BN Business Enterprise
BN Value & Price
BN Crisis
BN Production
BN War & Peace
BN Conflict & Violence
BN Money & Finance
BN Ideology
BN Distribution
BN Agency
BN Comparative
BN Capital & Accumulation
BN Policy
BN Class
BN Growth

Depositing User

Jonathan Nitzan

Date Deposited

19 Mar 2007

Last Modified

29 Mar 2016 22:45


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