“…The last major Jacobin-style revolution of the last millennium, the 1978-1979 revolution in Iran, marked a turning point in the history of the region. Massmobilizing the population (Kurzman, 2004), it drew on a mix of Marxism, dependency theory, liberation theology, and Arab republicanism (Sohrabi, 2018), fusing them into an anti-Zionist and anti-imperialist revolution (Ahouie, 2017), which moved "to create a full-fledged welfare state," (Abrahamian, 2009) while securing space for the market and the private sector domestically, even while bristling at foreign capitalist activity within Iran (Pesaran, 2008). Amidst the mass-mobilizing needs of a state at war and influenced by the legitimating ideology of its revolution, Iran turned to widespread social welfare investments and nationalization of private productive forces, creating a large state-owned industrial sector (Harris, 2017).…”