Cronyism through Financialization: Turkey’s Neoliberal Transformation from Özal to Erdoğan


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Bedirhanoğlu Toker P.

Social Research, vol.88, no.2, pp.359-379, 2021 (SSCI)

  • Publication Type: Article / Article
  • Volume: 88 Issue: 2
  • Publication Date: 2021
  • Journal Name: Social Research
  • Journal Indexes: Social Sciences Citation Index (SSCI), Scopus, Academic Search Premier, IBZ Online, International Bibliography of Social Sciences, Periodicals Index Online, ABI/INFORM, American History and Life, Business Source Elite, Business Source Premier, Communication & Mass Media Index, EBSCO Legal Source, EconLit, Historical Abstracts, Index Islamicus, MLA - Modern Language Association Database, PAIS International, Philosopher's Index, Political Science Complete, Public Affairs Index, Social services abstracts, Sociological abstracts, Worldwide Political Science Abstracts, DIALNET
  • Page Numbers: pp.359-379
  • Middle East Technical University Affiliated: Yes

Abstract

Justice and Development Party’s (AKP) once hailed rule is criticized today by the ahistoric argument that it revitalized the Turkish state’s rooted cronyism. This article identifies instead the historically specific characteristics of AKP cronyism by comparing it with the cronyism of Özal years within the context of neoliberal financialization processes. It argues that while setting up its crony political Islamist rule thanks to neoliberal institutional “reforms”, the AKP has also served the constitution of capital’s enhanced financialized discipline over the society and state, a discipline that started drawing strict class limits to the party’s own political aspirations since the 2010s.