Research Article

The Intellectual Genealogy of Özalism and Neoliberalism: Reconstructing Turkey’s Political Economy Amid Crisis, Ideology, and Articulation with Global Capitalism

Volume: 21 Number: 1 April 1, 2026
TR EN

The Intellectual Genealogy of Özalism and Neoliberalism: Reconstructing Turkey’s Political Economy Amid Crisis, Ideology, and Articulation with Global Capitalism

Abstract

Turkey’s political-economic transformation in the 1980s reveals the consolidation of market-oriented thinking within state institutions. Influenced by monetarism, supply-side economics, rational expectations, public choice theory, and Hayekian liberalism, this shift found political expression in Thatcherism, Reaganism, and, in Turkey, Özalism. The January 24, 1980 Decisions marked a turning point in redefining state–market relations through capital liberalization, privatization, and the retrenchment of the social state. This study contends that neoliberalism in Turkey functioned not simply as an economic reform agenda, but as an ideological framework that reshaped political authority, institutional structures, and the normative foundations of governance.

Keywords

References

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Details

Primary Language

English

Subjects

Intellectual History of Politics, Turkish Political Life, International Politics

Journal Section

Research Article

Publication Date

April 1, 2026

Submission Date

August 25, 2025

Acceptance Date

December 12, 2025

Published in Issue

Year 2026 Volume: 21 Number: 1

APA
Sarı Aksakal, B. (2026). The Intellectual Genealogy of Özalism and Neoliberalism: Reconstructing Turkey’s Political Economy Amid Crisis, Ideology, and Articulation with Global Capitalism. Eskişehir Osmangazi Üniversitesi İktisadi Ve İdari Bilimler Dergisi, 21(1), 332-355. https://doi.org/10.17153/oguiibf.1772090
AMA
1.Sarı Aksakal B. The Intellectual Genealogy of Özalism and Neoliberalism: Reconstructing Turkey’s Political Economy Amid Crisis, Ideology, and Articulation with Global Capitalism. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2026;21(1):332-355. doi:10.17153/oguiibf.1772090
Chicago
Sarı Aksakal, Betül. 2026. “The Intellectual Genealogy of Özalism and Neoliberalism: Reconstructing Turkey’s Political Economy Amid Crisis, Ideology, and Articulation With Global Capitalism”. Eskişehir Osmangazi Üniversitesi İktisadi Ve İdari Bilimler Dergisi 21 (1): 332-55. https://doi.org/10.17153/oguiibf.1772090.
EndNote
Sarı Aksakal B (April 1, 2026) The Intellectual Genealogy of Özalism and Neoliberalism: Reconstructing Turkey’s Political Economy Amid Crisis, Ideology, and Articulation with Global Capitalism. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi 21 1 332–355.
IEEE
[1]B. Sarı Aksakal, “The Intellectual Genealogy of Özalism and Neoliberalism: Reconstructing Turkey’s Political Economy Amid Crisis, Ideology, and Articulation with Global Capitalism”, Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi, vol. 21, no. 1, pp. 332–355, Apr. 2026, doi: 10.17153/oguiibf.1772090.
ISNAD
Sarı Aksakal, Betül. “The Intellectual Genealogy of Özalism and Neoliberalism: Reconstructing Turkey’s Political Economy Amid Crisis, Ideology, and Articulation With Global Capitalism”. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi 21/1 (April 1, 2026): 332-355. https://doi.org/10.17153/oguiibf.1772090.
JAMA
1.Sarı Aksakal B. The Intellectual Genealogy of Özalism and Neoliberalism: Reconstructing Turkey’s Political Economy Amid Crisis, Ideology, and Articulation with Global Capitalism. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2026;21:332–355.
MLA
Sarı Aksakal, Betül. “The Intellectual Genealogy of Özalism and Neoliberalism: Reconstructing Turkey’s Political Economy Amid Crisis, Ideology, and Articulation With Global Capitalism”. Eskişehir Osmangazi Üniversitesi İktisadi Ve İdari Bilimler Dergisi, vol. 21, no. 1, Apr. 2026, pp. 332-55, doi:10.17153/oguiibf.1772090.
Vancouver
1.Betül Sarı Aksakal. The Intellectual Genealogy of Özalism and Neoliberalism: Reconstructing Turkey’s Political Economy Amid Crisis, Ideology, and Articulation with Global Capitalism. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2026 Apr. 1;21(1):332-55. doi:10.17153/oguiibf.1772090