This book analyzes the processes of social transformation in Iran from the height of the country's power in the sixteenth and seventeenth centuries under the Safavid dynasty to the aftermath of the startling revolution that overthrew the Pahlavi monarchy in 1979.

"In this book, Mohammad A. Chaichian examines the process of dependent urbanization in Iran and Egypt relating to each country's unique colonial history and dependence on a constantly changing global economy since the early nineteenth century. Using historical data, Chaichian argues that the development of dependent economies has led to displacement of the rural population and migration to major urban centers such as Tehran in Iran and Cairo and Alexandria in Egypt. The findings of this study also indicate that by the mid-1970s Iran and Egypt were fully incorporated into the global economy, but in various degrees have since resisted the systemic demands of the new phase of globalization that requires open and fluid borders for utilization of labor, capital investment, and transfer of information."--BOOK JACKET.

This book analyzes the recent development of Gulf capitalism through to the aftermath of the 2008 economic crisis. Situating the Gulf within the evolution of capitalism at a global scale, it presents a novel theoretical interpretation of this important region of the Middle East political economy.