Contrary to what Glenn Beck, Rush Limbaugh and other wingnuts are saying about Egypt's unrest, the cause is definitely not "socialism:"
"The Arab world has largely transitioned in recent decades from socialist economies to ones that recognize the so-called Washington Consensus that free market policies work best.
"'There was a slow trend in Arab countries in doing away with subsidies across the board and trying to create better-crafted safety nets,' says Marina Ottaway, director of the Middle East Program at the Carnegie Endowment for International Peace.
"Ottaway says that Arab states are not going to return to socialism or nationalization of industries but may once again promise that they can provide basic goods and help control their prices."
Job Security For Arab Leaders: A 3-Step Process
By Alan Greenblatt
February 2, 2011 | NPR
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