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Land Rent, Geopolitical Conflicts, and Urban Development in Iranian Capitalism

Farahani, Ilia LU orcid (2026) International Initiative for Promoting Political Economy (IIPPE) (16th Annual Conference): Capitalism Moving Beyond Neoliberalism: Crises, Changes, and What Comes Next
Abstract
The Iranian economy and politics remain a topic of debate among Marxist scholars. The existing literature mostly splits into two camps: one blames economic struggles primarily on external pressures like imperialist interference and sanctions, while the other downplays external influences and emphasizes the human toll of brutal repression under a neoliberal regime of accumulation. Neither, however, fully captures how all these interact with the inner workings of Iranian capitalism. This paper proposes an analytical framework to better understand the peculiarities of Iranian capitalism, especially amid intense regional inter-imperialist rivalries. Using the urban housing and construction sector as a case study, it shows that the sector... (More)
The Iranian economy and politics remain a topic of debate among Marxist scholars. The existing literature mostly splits into two camps: one blames economic struggles primarily on external pressures like imperialist interference and sanctions, while the other downplays external influences and emphasizes the human toll of brutal repression under a neoliberal regime of accumulation. Neither, however, fully captures how all these interact with the inner workings of Iranian capitalism. This paper proposes an analytical framework to better understand the peculiarities of Iranian capitalism, especially amid intense regional inter-imperialist rivalries. Using the urban housing and construction sector as a case study, it shows that the sector benefits most from the sanction-influenced political economy due to its high land rent contributions to sectoral profits. It also underlines the severe economic exploitation faced by mostly migrant workers, both domestic and international, and largely powerless labor forces in the sector. The central argument in a nutshell is that economic grievances and extreme inequalities faced by Iranian workers and toilers are structurally rooted in how Iranian capitalism operates and its reliance on regional quasi-imperialist strategies by the regime. These strategies, in a region without a clear hegemon, enable the economy to withstand sanctions by maintaining politically super-exploitative labor relations and by facilitating intersectoral capital flows. (Less)
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author
organization
publishing date
type
Contribution to conference
publication status
published
subject
conference name
International Initiative for Promoting Political Economy (IIPPE) (16th Annual Conference): Capitalism Moving Beyond Neoliberalism: Crises, Changes, and What Comes Next
conference location
Lisbon, Portugal
conference dates
2026-09-09 - 2026-09-12
language
English
LU publication?
yes
id
9eb6b998-c7e1-445e-9fdc-2d1c01693d2d
date added to LUP
2026-09-14 08:45:11
date last changed
2026-09-23 11:02:47
@misc{9eb6b998-c7e1-445e-9fdc-2d1c01693d2d,
  abstract     = {{The Iranian economy and politics remain a topic of debate among Marxist scholars. The existing literature mostly splits into two camps: one blames economic struggles primarily on external pressures like imperialist interference and sanctions, while the other downplays external influences and emphasizes the human toll of brutal repression under a neoliberal regime of accumulation. Neither, however, fully captures how all these interact with the inner workings of Iranian capitalism. This paper proposes an analytical framework to better understand the peculiarities of Iranian capitalism, especially amid intense regional inter-imperialist rivalries. Using the urban housing and construction sector as a case study, it shows that the sector benefits most from the sanction-influenced political economy due to its high land rent contributions to sectoral profits. It also underlines the severe economic exploitation faced by mostly migrant workers, both domestic and international, and largely powerless labor forces in the sector. The central argument in a nutshell is that economic grievances and extreme inequalities faced by Iranian workers and toilers are structurally rooted in how Iranian capitalism operates and its reliance on regional quasi-imperialist strategies by the regime. These strategies, in a region without a clear hegemon, enable the economy to withstand sanctions by maintaining politically super-exploitative labor relations and by facilitating intersectoral capital flows.}},
  author       = {{Farahani, Ilia}},
  language     = {{eng}},
  month        = {{09}},
  title        = {{Land Rent, Geopolitical Conflicts, and Urban Development in Iranian Capitalism}},
  year         = {{2026}},
}