Syria to dismantle Assad-era socialism, says foreign minister
(www.ft.com)
from [email protected] to [email protected] on 25 Jan 2025 20:58
https://lemmy.world/post/24729174
from [email protected] to [email protected] on 25 Jan 2025 20:58
https://lemmy.world/post/24729174
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An unfortunate decision, but I suppose they have no choice if they want to attract foreign investment. I just hope this doesn’t result in Syrians being serfs to foreign interests as we see in subsaharan Africa.
I seriously doubt Syria would have no one interested in investing in them if they kept the socialist programs in place but got rid of things like torture and extrajudicial killings.
Somehow the world has no issue investing in China, Vietnam, Venezuela and other such countries. Sometimes the U.S. doesn’t trade with them, but that’s not the same thing.
Let’s accept this for what this is: another gift to the world’s oligarchs.
Well, if I were in Syrian leadership I don’t think I’d hold up those countries as examples to emulate… I’d maybe have picked Norway instead, or even 70s-era Portugal.
Edit: or Tanzania, which may be a better fit.
The socialism they're talking about here is a USSR-style central planned economy, just to make that clear. That sort of environment is absolutely hostile to foreign investment for many reasons, not the least of which is the corruption that will take decades to fully erase, if such a thing is even possible. For a demonstration of what that means today look at Egypt, which isn't socialist but has many of the same problems due to the military's encroachment on the market. The problem is that it's impossible to compete with a state that doesn't want to let you compete, so you're at the mercy of the government in a way that tends to repel foreign investment.
being stuck in the same country as sisi is purgatory
Thankfully I managed to get away (sort of) but yeah, that was not a fun time.
Bashar already went on to a neoliberal course and privatized many businesses and removed many social securities that his father Hafiz granted.
The social contract in Syria under Hafiz was working on the basis of “If you keep your mouth shut, the government will ensure your everyday needs.” Under Bashar it was “We will fuck you economically and you keep your mouth shut, because we torture and kill you otherwise.” So there was only negatives, and a lack of things for people to lose, which is the basis of revolutions.
See en.wikipedia.org/wiki/Economy_of_Syria#1990s–2000…
China and Vietnam have large private sectors with plenty of companies that attract foreign investment.
Venezuela does not. It had less than $1b in foreign direct investment in 2023. By comparison, Costa Rica had over $4b despite a smaller GDP and far smaller population than Venezuela.
In 1991 Venezuela allowed many utilities to be privatized. This included their telephone and TV company, electrical grid, and many petroleum operations. In 2007, after billions of foreign direct investment was done, Venezuela appropriated and nationalized these industries again.
That’s a sure fire way to repel future foreign direct investment. The additional sanctions placed on Venezuela haven’t helped either.
Shock therapy incoming in 3…2…1…
But even that is better than war, I guess, what state were the social services in?
Bashar abolished any resemblance of social security in Syria before the war, it’s one of the main reasons why the regime destabilised. At first people thought “new guy, hopefully less torture and more flexible and vibrant economy”, what they got was just as much if not more torture, and economical conditions where you could go without roof and food. He broke the social contract.
I very much doubt the current government is thinking about abolishing state food and housing programmes, more like the opposite: Both because of popular demand and because Islam talks at length about taking care of the poor. This is about privatising soap factories.
Assad already enacted neoliberal reforms in the 2000s.
Ba’athism is not the socialism you have in mind.
It goes without saying Hexbear and Lemmygrad and .ml have funny ideas about what their simp nations are like, though.
Are they actually defending Assad’s regime, torture and all?
Yes. They just choose to believe that stuff never actually happened, and all evidence must be fabricated. They might sprinkle in “it must have been justified”, if they’re really cornered.
Basically, it’s flat Earth theory for geopolitics, the point is believing the opposite of what everyone else does. The communist stuff is just decoration on top.
They’re not, they are criticizing that and having a more nuanced conversation about the role of capitalism in this situation.
That user is just obsessed with them. Even if they clearly have never been in those communities to see for themselves
No, I’ve definitely spent plenty of time in the leftosphere.
Who are “they”, here? MLs that support Assad seem like a majority, or at least were until recent events. The only “nuance” tends to be if Assad’s totally cool or if you should just critically support him for being against America (because there’s only two sides, right?).
How long until Syria gets some fancy new oil wells / USA military bases?