Rentier Capitalism and Class Warfare in Kazakhstan

The recent protests in oil-rich Kazakhstan have highlighted the devastating effects of rent extraction. The country’s largest sellers of liquefied petroleum gas (LPG), including KazMunaiGas, Kazgermunai, CNPC-AktobeMunaiGas and Kazakhoil, have been acc…

The recent protests in oil-rich Kazakhstan have highlighted the devastating effects of rent extraction. The country’s largest sellers of liquefied petroleum gas (LPG), including KazMunaiGas, Kazgermunai, CNPC-AktobeMunaiGas and Kazakhoil, have been accused by the government of increasing fuel prices by abusing their oligopoly power. When the state lifted its price cap on LPG at the start of 2022, the market price doubled within a couple of days. The impact was immediately felt by poor and vulnerable sections of Kazakhstani society, which relied on the commodity for heating and vehicles. More

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Balihar Sanghera – Elmira Satybaldieva | Peace (2024-11-17T15:51:55+00:00) » Rentier Capitalism and Class Warfare in Kazakhstan. Retrieved from https://www.pea.cx/2022/01/19/rentier-capitalism-and-class-warfare-in-kazakhstan-2/.
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" » Rentier Capitalism and Class Warfare in Kazakhstan." Balihar Sanghera – Elmira Satybaldieva | Peace - Wednesday January 19, 2022, https://www.pea.cx/2022/01/19/rentier-capitalism-and-class-warfare-in-kazakhstan-2/
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" » Rentier Capitalism and Class Warfare in Kazakhstan." Balihar Sanghera – Elmira Satybaldieva | Peace - Accessed 2024-11-17T15:51:55+00:00. https://www.pea.cx/2022/01/19/rentier-capitalism-and-class-warfare-in-kazakhstan-2/
IEEE
" » Rentier Capitalism and Class Warfare in Kazakhstan." Balihar Sanghera – Elmira Satybaldieva | Peace [Online]. Available: https://www.pea.cx/2022/01/19/rentier-capitalism-and-class-warfare-in-kazakhstan-2/. [Accessed: 2024-11-17T15:51:55+00:00]
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