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Abstract

This academic paper explores the socio-economic transformations in the Arab world following the "Arab Spring," focusing specifically on the challenges of implementing capitalist structures within transitional economies. The author argues that capitalism should not be viewed as a rigid "engineering project" or a set of mathematical equations, but rather as a complex social system deeply rooted in a specific economic formation. This formation is defined by the level of development in the forces of production (technology) and the corresponding relations of production. The research critically examines the "problematic prescriptions" often imposed on transitional Arab nations, highlighting the disconnect between Western capitalist theories and the unique socio-economic realities of the region. The paper suggests that for a transition to be successful, it must account for the "superstructure"—the political and social systems—that emerges from the underlying economic base. By analyzing these systemic contradictions, the author provides a critical perspective on why standard capitalist models often fail or encounter significant resistance during periods of political upheaval in the Middle East, emphasizing that economic development cannot be divorced from its historical and social context.

DOI

10.33095/jeas.v20i75.540

Subject Area

Economics

First Page

294

Last Page

308

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