Surplus creation and extraction under structural adjustment: Turkey, 1980-1992
Review of Radical Political Economics
Sage Publications, Inc.
38 - 72
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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.