I regard Bowles as one of the more astute commentators on world political events, and especially this one in Egypt.
This article is only slightly dated having been written as Sulieman was handed power, but his observations appear to be on the mark.
For the past thirty years the US has squandered $60 billion supplying Egypt’s military dictatorship and in so doing it has created an military-owned business dynasty that now owns major chunks of the Egyptian economy. It’s a military-political economy, thus the central dilemma is that in order to transform Egyptian society the military-political cabal that rules Egypt has to be overthrown and disowned of its ill-gotten gains. This means taking on the Army. How can it be defanged?