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A Broken History: Contemporary Lebanon (1958–2018) – How the Lure for Profit Destroyed a Nation

In: Trajectories of Declining and Destructive Capitalism

Author

Listed:
  • Frédéric Farah
  • Jérôme Maucourant

Abstract

The crisis in the Lebanese economy, unique in contemporary economic history, is the result of a choice made by the ruling elite. Refusing to rebuild the State after the civil war, it set out to divide the nation in order to reign over it. This economic crisis is political in nature, and the lessons we can learn from it are important for the Arab world, where ‘political capitalism’ is rife.

Suggested Citation

  • Frédéric Farah & Jérôme Maucourant, 2025. "A Broken History: Contemporary Lebanon (1958–2018) – How the Lure for Profit Destroyed a Nation," Research in Political Economy, in: Trajectories of Declining and Destructive Capitalism, volume 40, pages 169-182, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:rpeczz:s0161-723020250000040011
    DOI: 10.1108/S0161-723020250000040011
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