@inbook{10.7591/j.ctt1287d29.10, ISBN = {9780801453366}, URL = {http://www.jstor.org/stable/10.7591/j.ctt1287d29.10}, abstract = {What happens when absolutism is combined with extreme rentierism? The answer, in short, is that ruling families adopt policies that suit their own economic interests, interests defined by their status as the leading capitalists in their societies. In this chapter, I advance the following arguments:In the absence of a strong parliament in the UAE, the ruling families become, at least potentially, the dominant local capitalists in their emirates. Ruling-family control of undeveloped land is a major source of wealth.The ruling family of Dubai, as a result of its position within the federation and ownership of land,}, bookauthor = {Michael Herb}, booktitle = {The Wages of Oil: Parliaments and Economic Development in Kuwait and the UAE}, edition = {1}, pages = {107--140}, publisher = {Cornell University Press}, title = {The Consequences of Absolutism}, year = {2014} }