Palestinian merchant elites profited by aligning with Israeli occupiers

Evidence

In the case of Palestine, for instance, when Israel banned trade relations between the West Bank and Gaza in 1967, Palestinian merchant capitalists acquired licenses to market Israeli products, aligning their economic interests with the occupiers’. Because of the increased trade with Israel, their businesses flourished. — Clara E. Mattei, Escape from Capitalism, 339

Categorization

  • XREF: Concrete example of the collaboration thesis — local elites benefiting from dependency — which Mattei applies across her cases, including Italy’s industrialists accepting austerity.