ABSTRACT
Examining the ongoing radical state transformation in Turkey on an exclusively domestic basis with reference to the AKP’s “turn” to authoritarianism has become commonplace in liberal studies. Exceptions are few, though they all share the common methodological limitation of taking domestic–international, state–society, state–market distinctions as given. This chapter proposes a holistic class analysis to argue for the global constitution of this process by financialization since the AKP’s rise to power in 2002. Defining financialization as a form of class domination, I argue that the acceleration of neoliberal authoritarianism since the mid-2010s worldwide needs to be problematized in relation to changes in global credit conditions and states’ historically specific conditions of reproduction within financialized world capitalism.
