The role of the state in the making of the capitalist class between 1923 - 1950

The present dissertation, entitled The Role of the State in the Making of the Capitalist Class Between 1923-1950, studies how the State has been involved both in the formation and the making of the capitalist class and in the accumulation of capital in the interval spanning from the foundation of the Turkish republic to the mid of the twentieth century. This examination is crucial to understand to what extent, since the foundation of the Turkish republic, the structures of the capitalist class and the acumulation of capital have been affected by the extra-market interventions. At the same time, comprehending the correlations between the capitalist state and the State in that period helps us in examining both current vices and dilemmas of the capitalist class and the internal factors that still underlies the economic development and the industrilization of Turkey alongside its position within the world market. This disseration will present the relations between the capitalist class and the State by dividing the arofementioned period (1923-1950) into four sub-periods as follows; Pre- Republic Era (1913-1923), Liberal Era (1923-1932), Statist Era (1933-1939), War Economy (1939-1950), each of which gives a place the economic policies of era, the interaction between the capitalist class and the state, and peculiarities brought about by the transition one period to the next. Turkish politics has since the second half of the twentieth century been shaped by military coups. To understand the fundamental reasons of the political instability along with the economic instability that has prevented both the economic development and full integration into the world market, it is required to trace back the sources of the problems. Therefore, a study of the early Republic is indispensible to realize the problems and produce solutions to the them, which are still embedded within the national economy. The present dissertation is aimed at producing solutions to the problems and shedding the light on the contemporary Turkish economy. Keywords: Capitalist Class, State, İzmir Economics Congress, Second World War, Statist Era.