Egypt: Petras analysis of the causes behind Morsi's failure

Borroka Garaia Da! publishes today a Spanish language article by James Petras (veteran international analyst from the USA) in which he synthetically analyzes the causes behind the fall of Morsi in four points (my synthesis):

1. The economy: Morsi adopted a neoliberal plan of removing subsidies without any kind of investment for job generation. He resorted to loans by the FMI, which demanded that suicidal economic strategy. The government was so undecided that it did nothing worth mentioning in this key economic aspect: neither social redistribution, nor investments... nothing. The result: economic deterioriation.
2. Sectarism: Morsi promoted divisionist fundamentalist policies that only satisfied the most fanatic among his supporters. 
3. Authoritarianism: imposing partisan appointments and abusing the presidential power against the other branches of government, disdaining any possible wider consensus.
4. Collaboration with Zionism and other Western Imperialism: maintaining the illegitimate and inhuman blockade against Gaza Strip, supporting the extremists against the Syrian government, totally folding to the demands of the US Empire.

However he mentions that while the core of the opposition is progressive, there are also important elements of supporters of the Old Regime, who want to reverse the democratic process. 

He thinks that Washington is playing many different cars in the Egyptian turmoil: Morsi, the Mubarakists, the center-right liberals, etc.

The military caste in turn is probably just seeking to weaken any civilian government in order to keep their privileges.