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Surplus Creation and Extraction Under Structural Adjustment: Turkey, 1980-1992

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  • A. Erinç Yeldan

    (Department of Economics, Bilkent University, Ankara, 06533 Turkey)

Abstract

Based on the classical notion that resolution of the distributional conflict preceded accumulation and production, the paper addresses the changing patterns of surplus creation and extraction under Turkish structural adjustment of the 1980s. Four overlapping mechanisms of surplus extraction that span the adjustment period are identified, and the position of capital toward wage-labor, peasantry, the foreign economy and the state is discussed.

Suggested Citation

  • A. Erinç Yeldan, 1995. "Surplus Creation and Extraction Under Structural Adjustment: Turkey, 1980-1992," Review of Radical Political Economics, Union for Radical Political Economics, vol. 27(2), pages 38-72, June.
    • Handle: RePEc:sae:reorpe:v:27:y:1995:i:2:p:38-72
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    Cited by:

    1. Ozlem Onaran & Engelbert Stockhammer, 2001. "The Effect of Distribution on Accumulation, Capacity Utilization and Employment: Testing the Wage-Led Hypothesis for Turkey," Working Papers 0130, Economic Research Forum, revised 10 2001.
    2. Erin Yeldan & Kivilcim Metin-…zcan & Ebru Voyvoda, 1999. "Dynamics of Macroeconomic Adjustment in a Globalized Developing Economy : Growth, Accumulation and Distribution, Turkey 1969-1998," Working Papers 9905, Department of Economics, Bilkent University.
    3. Özgür Orhangazi & A. Erinç Yeldan, 2023. "Turkey in Turbulence: Heterodoxy or a New Chapter in Neoliberal Peripheral Development?," Development and Change, International Institute of Social Studies, vol. 54(5), pages 1197-1225, September.

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