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 IGIADS 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.
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 tlcì