Bye Bye Privatization

In one of the biggest blows to neoliberalism, under heavy pressure from the workers and public opinion, today a Giza court annulled the privatization contract of Egypt’s flagship department store, Omar Effendi… It’s back to the public sector again. A ripple effect is expect, where workers are fighting in other privatized firms in different sectors to renationalize them.

In the picture above, a worker is carrying a banner outside the court: “After five years of humiliation, we are going back to the public sector.”

Mabrouk!

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