The Camp David Republic: Egypt, Normalization, and the Long Defeat With Nihal El Aasar

Jun 13, 2026

In this episode, Nihal El Aasar returns to this podcast to discuss the competing progressive alternatives in the Arab world prior to the establishment of the State of Israel. Arab attempts to join capitalist systems were obstructed by British and Zionist colonial power, leading to the maintenance of a hegemonic state. We also reference the Union of Arab States and the role of the Zionist entity in hindering regional development. Gamal Abdel Nasser and other leaders in Egypt attempted to create a sovereign economic and political space through nationalist projects. This was actively resisted by Western powers and seen as a threat to imperialist interests. The theory of dependency, as developed by Samir Amin, highlights how underdevelopment in the global South is the result of the expansion of global capital. Nihal argues that while Nasser's project was popular and supported by the masses, his distrust in popular participation and repressive actions against intellectuals helped prevent the project from fully being actualized.

The formation of Israel was intertwined with Western efforts to manage the political future of the so-called Middle Eastern region. Israel has hindered the Arab modernization project and has negatively affected the surrounding countries. We discuss how Israel exists in the region to halt the potential of the Arab people as a whole. This is done through repression, impoverishment, and preventing economic prosperity. The U.S. interests in extraction and controlling resources in the region also play a role in this. Apart from that, we meditate on Egypt's early 20th century role as a leader in the Arab world and the expectations placed on its military and economy for stability and development being largely shaped by its history of conflict with Israel and the continued presence of Zionism in the region. The military's control of the economy, rise of religious fundamentalism, and prevalence of conspiracy theories can all be traced back to this relationship.

Additionally, Egypt's 20th century development was and continued to be hindered by both structural pressures from outside and its own struggle with overextension as a newly decolonized nation. The working class in Egypt consisted mainly of peasants who were oppressed under the Egyptian monarchy. Land reforms were necessary for progress and industrialization was slowly taking place. From the start, Egyptian nationalism was formed in opposition to Zionism. Nasser faced challenges from the US and its allies and had to build up the Egyptian military in response. We discuss how the nationalization of the Suez Canal and the creation of the United Arab Republic were unprecedented events, but internal struggles and external interference ultimately led to its downfall.

The Gulf monarchies have also been deeply intertwined with imperial and capitalist interests since their founding, making them a natural opposition to Arab socialist and progressive projects. The 1973 oil embargo, El Aasar argues, was the last major act of Arab unity but was not an altruistic act of solidarity. The embargo affirmed the importance of the petrodollar for the US and was influential in bringing about the Camp David Accords, which aimed to consolidate the petrodollar and move Egypt fully from the Soviet camp to that of the United States.

We meditate on the significance of Camp David and the 1978 peace treaty between Egypt and Israel, arguing that it represents a betrayal of Egyptian sovereignty and a move towards neoliberalism and repression. She also highlights how this has instilled a defeatist mindset in Egyptians and led to ongoing struggles with poverty and domestic warfare. She argues that the current regime in Egypt is a continuation of the "Camp David Republic" and that the promised benefits of peace, such as prosperity and political openness, have been left unfulfilled.

 

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Nihal is an Egyptian  writer, researcher, political analyst, radio host and DJ. She has written about politics, political economy, culture, literature and music in several publications including The Baffler, The Transnational Institute, Verso, Jacobin, Tribune, Parapraxis, Mundial, Art Review, The Wire, Protean, Novara media, and others, as well as authoring a book chapter about Egyptian political economy and consulting on related issues.

"The Condition for Freedom Is for the Egyptian Masses to Take to the Streets”Egypt’s Centrality in the Struggle for Palestine" by Nihal El Aasar

 

Episode artwork includes an artificially colorized version of this photo:

"Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin acknowledge applause during a Joint Session of Congress in which President Jimmy Carter announced the results of the Camp David Accords."

full credit information here: https://commons.wikimedia.org/wiki/File:Sadat_and_Begin_clean3.jpg