The Compatibility of the Late Ottoman Economy Politics with the Real Economy

Abstract

Two dynamics have been influential on the basic thought that refers to the political economy of the Ottoman State in the recent period. These are the modern economic thought of Western origin, which emerged in parallel with traditional thought, and the national economic thought that emerged and developed as a reaction to this. The first trend, liberalization, was driven by the idea of free trade or commercial capitalism. The aim of this study is to reveal to what extent the political economy, which has developed depending on economic thought, has been assimilated in the commercial field within the framework of the real economy. According to the findings obtained from current research, the ideological thought that forms the framework of Ottoman economic thought has recently been shaped in line with Ottomanism, Islamism and Turkism movements. It can be argued that the recent political economy and subsequent activities aimed to keep the state afloat according to the conditions of the period. It can be said that these commercial activities are in the style of periodic practices and discourses that are produced quickly, do not have much philosophical depth, and have political and ideological aspects. Key Words: Ottoman, Ottoman Economic Thought, Ottoman Economy Politics, JEL Sınıflandırması: A14, B00, E60