The Net Social Wage in Turkey, 1980–2019

Yakup Karabacak and E. Ahmet Tonak

Review of Radical Political Economics, 2022, vol. 54, issue 4, 479-500

Abstract: This essay conceptualizes the capitalist state’s taxation and expenditure activities in Marx’s circuit of capital. It also empirically shows how the net social wage has evolved in Turkey in the period 1980–2019 and in what direction it has influenced the rate of surplus value. The essay’s empirical findings demonstrate the utter failure of the pseudo-welfare state of Turkey to ameliorate income distribution. Hence, the article contributes to demolishing the myth that the Islamist party AKP, in power since 2003, is pro-poor and pro-labor, and that its fiscal policies have been consistent with its glorified Islamic values and its self-ascribed image of an antipoverty stance. JEL Classification : H2, H5, I30

Keywords: empirical analysis in political economy; labor and workers; Marxist value theory; social wage; capitalist state (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:54:y:2022:i:4:p:479-500

DOI: 10.1177/04866134221099509

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