A revolution against neoliberalism?

If rebellion results in a retrenchment of neoliberalism, millions will feel cheated.

‘Abu Atris’ Last Modified: 24 Feb 2011 17:04 GMT

On February 16th I read a comment was posted on the wall of the Kullina Khalid Saed (“We are all Khaled Said”) Facebook page administered by the now very famous Wael Ghonim. By that time it had been there for about 21 hours. The comment referred to a news item reporting that European governments were under pressure to freeze bank accounts of recently deposed members of the Mubarak regime. The comment said: “Excellent news … we do not want to take revenge on anyone … it is the right of all of us to hold to account any person who has wronged this nation. By law we want the nation’s money that has been stolen … because this is the money of Egyptians, 40% of whom live below the poverty line.”

By the time I unpacked this thread of conversation, 5,999 people had clicked the “like” button, and about 5,500 had left comments. I have not attempted the herculean task of reading all five thousand odd comments (and no doubt more are being added as I write), but a fairly lengthy survey left no doubt that most of the comments were made by people who clicked the “like” icon on the Facebook page. There were also a few by regime supporters, and others by people who dislike the personality cult that has emerged around Mr. Ghoneim.

This Facebook thread is symptomatic of the moment. Now that the Mubarak regime has fallen, an urge to account for its crimes and to identify its accomplices has come to the fore. The chants, songs, and poetry performed in Midan al-Tahrir always contained an element of anger against haramiyya (thieves) who benefited from regime corruption. Now lists of regime supporters are circulating in the press and blogosphere. Mubarak and his closest relatives (sons Gamal and ‘Ala’) are always at the head of these lists. Articles on their personal wealth give figures as low as $3 billion to as high as $70 billion (the higher number was repeated on many protesters’ signs). Ahmad Ezz, the General Secretary of the deposed National Democratic Party and the largest steel magnate in the Middle East, is supposed to be worth $18 billion; Zohayr Garana, former Minister of Tourism, $13 billion; Ahmad al-Maghrabi, former Minister of Housing, $11 billion; former Minister of Interior Habib Adli, much hated for his supervision of an incredibly abusive police state, also managed to amass $8 billion — not bad for a lifetime civil servant.

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