Israeli military orders after 1967 systematically deindustrialized the Palestinian economy.

Evidence

Between 1967 and 1971, the Israeli military issued over two hundred orders regulating Palestinian economic life. Among them, the closure of all thirty bank branches operating in the West Bank and Gaza except for two, which were placed under Israeli supervision; the prohibition of investment from Israel—or from abroad—in the Palestinian economy; the ban on importing new machines (Palestinian firms could purchase only secondhand machines); and the imposition of a complex web of administrative procedures and restrictions, still in place today, that make it virtually impossible for Palestinians to start a business. Between 2016 and 2018, Israeli military authorities approved only 3 percent of building permits in the largest part of the West Bank under its direct control, known as Area C. — Clara E. Mattei, Escape from Capitalism, 315

Categorization

• DEEPTHINKING: The ban on new machines and closure of all but two bank branches is a precise, almost architectural blueprint of economic strangulation — dense enough to sit with.
• XREF: connects to: Israeli military orders deliberately dismantled Palestinian banking and investment capacity — Clara E. Mattei, Escape from Capitalism: An Intervention, 315; Israeli occupation from 1967 seized monetary and fiscal control over Palestine — Clara E. Mattei, Escape from Capitalism: An Intervention, 314; Dependency converts Palestinian wages directly into Israeli exporter profits — Clara E. Mattei, Escape from Capitalism: An Intervention, 326 (+3 more)

Broader Connections

• Israeli military orders deliberately dismantled Palestinian banking and investment capacity #expands (0.95) — Clara E. Mattei, Escape from Capitalism, 315
• Israeli occupation from 1967 seized monetary and fiscal control over Palestine #expands (0.90) — Clara E. Mattei, Escape from Capitalism, 314
• Palestine lost its productive base and imports goods it once made itself. #expands (0.90) — Clara E. Mattei, Escape from Capitalism, 309
• Dependency converts Palestinian wages directly into Israeli exporter profits #expands (0.85) — Clara E. Mattei, Escape from Capitalism, 326
• De-agrarianization turned self-employed Palestinians into wage workers in Israel, deepening dependency #expands (0.85) — Clara E. Mattei, Escape from Capitalism, 326
• Everyday Palestinian life is saturated with Israeli economic control. #expands (0.80) — Clara E. Mattei, Escape from Capitalism, 307