"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)
TABLE OF CONTENTS
List of Tables and Illustrations
List of Abbreviations
ACKNOWLEDGEMENT
CHAPTER I INTRODUCTION
1.1. Conceptual Framework and Methodology
CHAPTER II (IN)COMPATIBILITY OF ISLAM AND CAPITALISM: A HISTORICAL PERSPECTIVE
2.1. Islam and Capitalism: Foe or Friend?
2.2. Islamist and Neo-Islamist Intellectuals on Capitalism and Islam
CHAPTER III EMERGENCE OF NEO-ISLAMIC ECONOMIC CAPITAL IN TURKEY
3.1. An Overview of the Turkish Economy in the Twentieth Century
3.2. Turkish Economy between the 1950s and the 1970s: Sowing the “Islamic Capital”
3.3. Turkish Economy in the 1980s: The Özal Years and Sprouting of the “Islamic Capital”
3.4. Turkish Economy in the 1990s: The National Outlook Movement (NOM) and Growth of the “Islamic Capital”
3.5. February 28, 1997: Post-Modern Coup and Troubling times for the “Islamic Capital”
3.6. Turkish Economy in the 2000s: The JDP and Harvesting of the “Islamic Capital”
3.7 Conclusion
CHAPTER IV EMERGENCE OF NEO-ISLAMIC POLITICAL CAPITAL IN TURKEY
4.1. Right Wing and Islamist Politics until the 1980s
4.2. A Turning Point: The 1980 Military Intervention and Reorganization Islamic Politics
4.3. Domestic and International Impacts on the Rise of Islamic Politics
4.4. From the NOM to the JDP: Traditionalists vs. Reformists
4.5. Turkish Democracy after the Failed Coup of July 15, 2016
4.6. İGİAD’S Perception of Islamic Political Transformation in Turkey
4.7 Conclusion
CHAPTER V EMERGENCE OF NEO-ISLAMIC CULTURAL CAPITAL IN TURKEY
5.1. Formation of the Islamic Cultural Capital and New Opportunity Spaces
5.2. Institutionalization of Islamic Education
5.3. Islamic Print and Media
5.4. Commodification of Islamic Culture
5.5 Conclusion
CHAPTER VI FROM ISLAMIC RADICALISM TO ISLAMIC CAPITALISM: THE CASE OF İGİAD
6.1. Birth of “Homo-Islamicus”: MÜSİAD and Opportunities of Muslim Entrepreneurship
6.2. From MÜSİAD to İGİAD: The imits of Muslim Entrepreneurship
6.3. İGİAD: From Radical Muslims to Entrepreneur Muslims
6.4. Overcoming the Challenges of Capitalism: Moralizing Capitalism
6.5. İGİAD, the JDP and Democracy
6.6 Conclusion
CHAPTER VII ISLAMIC CAPITALISM AND ITS DISCONTENTS
7.1. Anti-Capitalist Muslims, a.k.a. Socialist Islamists as Dissenters
7.2. Radical Islamists as Dissenters
7.3. Orthodox Islamists as Dissenters
7.4. İGİAD Members as Dissents as Dissenters
CHAPTER VIII CONCLUSION
BIBLIOGRAPHY
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.
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.