The enduring debate on institutional pillars of contemporary political economies has gathered a noticeable momentum in terms of the change, path-dependence, and varieties of capitalism. By taking a methodological standpoint claiming that 'the current structure and the future of contemporary societies can only be understood by using an evolutionary and macro institutional approach that would explain the trajectories of social structures from a systemic perspective', this book first aims at formulating a novel analytical framework thus, Institutional System Analysis in Political Economy. This framework comprises, inter alia, a model of path-dependent changes, and then attempts to apply it to the case of the Ottoman-Turkish social system. In sum, the book develops an 'interaction-theoretic and evolutionarily-structured approach' with an aim to better capture the path-dependence and change of political, economic, and cultural action in terms of their intersectional dynamics.
Taner Akan is an Associate Professor of Political Economy and a visiting scholar at the International Development Institute of the King's College London. His areas of research cover institutional theory, political economy, and economic governance. He was earlier a research associate at the London School of Economics and a visiting scholar at the Max Planck Institute for the Study of Societies.
Contents: Introduction. Part I Institutions, Social System and Political Economy: Institutional interactions in an evolutionary system perspective; A systemic and cross-paradigmatic analysis of Islamic, neoliberal and social democratic political economies. Part II Formation and Re-formation of Path-Dependencies among Islam, Secularism and Etatist Liberalism: Primordial path-dependencies: the Ottoman Islamic institutionalism; Burgeoning secular capitalism between changing continuities versus continuing path-dependencies; The embedding of Orthodox Kemalism and etatist liberalism in Analotia between continuing changes and path-dependent discontinuities; The institutional environment and the major actors in the Turkish political economy during the period 1960-2013. Part III Systemic Versus Reconciliative Changes Between Major Paradigms in Modern Turkey, 1960-2013: The floating evolution of Turkish social democracy and Kemalism between Orthodoxy and third way; The Just Order: re-accumulation of discontinuing path-dependencies versus the persistence of path-dependent discontinuities; Conservative democracy as the Second Great Divide [?] in Anatolia at the crossroads of continuing changes and changing discontinuities. Part IV The Future Prospects: Is there a next way for Turkish social democracy?; The political and economic future of the Ottoman-Turkish Islam. Conclusion; References; Index.