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Muslims, Money, and Democracy in Turkey

Reluctant Capitalists

  • Book
  • © 2017

Overview

Authors:
  1. Özlem Madi-Sisman

    1. Political Science, University of Houston–Clear Lake, Houston, USA

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  • Offers a nuanced understanding of the complex relationship between Islam and Capitalism
  • Sheds light on an effort being made to reconcile Islam with capitalist ideology
  • Outlines the socio-economic barriers to achieving democracy in Turkey
  • Includes supplementary material: sn.pub/extras

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Table of contents (8 chapters)

  1. Front Matter

    Pages i-xiii
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  2. Introduction

    • Özlem Madi-Sisman
    Pages 1-20

  3. (In)compatibility of Islam and Capitalism: A Historical Perspective

    • Özlem Madi-Sisman
    Pages 21-32

  4. Emergence of Neo-Islamic Economic Capital in Turkey

    • Özlem Madi-Sisman
    Pages 33-60

  5. Emergence of Neo-Islamic Political Capital in Turkey

    • Özlem Madi-Sisman
    Pages 61-97

  6. Emergence of Neo-Islamic Cultural Capital in Turkey

    • Özlem Madi-Sisman
    Pages 99-113

  7. From Islamic Radicalism to Islamic Capitalism: The Case of İGİAD

    • Özlem Madi-Sisman
    Pages 115-152

  8. Islamic Capitalism and Its Discontents

    • Özlem Madi-Sisman
    Pages 153-167

  9. Conclusion: “Serveti Değil Sermayeyi Artırmalıyız”

    • Özlem Madi-Sisman
    Pages 169-170

  10. Back Matter

    Pages 171-184
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Keywords

About this book



This book contextualizes the rise of a neo-Islamic Turkish bourgeoisie class with a particular reference to the relationship between Islam and Capitalism, and makes the argument for their ultimate compatibility . Additionally, the claim is made that the formation of this new socio-economic class has been detrimental to Turkey's efforts to consolidate its democracy.  In order to analyze these processes, an Islamic-oriented young business group, Economic Entrepreneurship and Business Ethic Association (IGIAD), was taken as a case study. Drawing on fieldwork in examining IGIAD’S mission, vision, and activities, the book argues that such associations were born as a response to increasing tension between capitalism and Islam, with the aim of creating a ‘moral’ economy within global capitalism. 




Reviews

“This book is a valuable analysis of the Islamist bourgeoisie in Turkey with particular focus on a young business group that split from the larger MUSIAD. … Summing Up: Recommended. Graduate students through faculty.” (B. A. Yesilada, Choice, Vol. 55 (10), June, 2018)

Authors and Affiliations

  • Political Science, University of Houston–Clear Lake, Houston, USA

    Özlem Madi-Sisman

About the author

Dr.  Madi-Sisman is an Adjunct Faculty member of the University of Houston-Clear Lake, US. She previously served as an Adjunct Prof. of International Relations at Bahcesehir University, Turkey. Her research and publications are informed by her deep interest in Islam, Capitalism, Islamic Bourgeois, gender and Turkish and Middle Eastern politics. 

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