Muhammad Ali of Egypt - Nationalization

Time: 1810s

Place: Egypt

Details: His first task was to secure a revenue stream for Egypt. To accomplish this, Muhammad Ali 'nationalized' all the iltizam lands of Egypt, thereby officially owning all the production of the land. He accomplished the state annexation of property by raising taxes on the 'tax-farmers who had previously owned the land throughout Egypt. The new taxes were intentionally high and when the tax-farmers could not extract the demanded payments from the peasants who worked the land, Muhammad Ali confiscated their properties.

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