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February 22, 2026Critical Sociology0 citations

Reproducing capitalism through survival: Pseudo-entrepreneurs and compensation-driven investors in Turkey

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CÖCem ÖzatalayMAMüge Neda Altınokl

Key Points

  • This article aims to analyze the transformation of employment and financial dependence in neoliberal Turkey.
  • Examines data post-2018
  • Analyzes the shift from self-employment to pseudo-entrepreneurial labor
  • Investigates workers' engagement with financial markets
  • Identifies the emergence of pseudo-entrepreneurial roles among wage earners
  • Describes how workers rely on financial markets for survival rather than wealth creation
  • Highlights the development of a survival strategy trap that deepens market dependence

Abstract

This article examines the restructuring of capitalist reproduction in neoliberal Turkey through two interlinked dynamics: the transformation of self-employment into pseudo-entrepreneurial outsourced labor and the increasing integration of wage earners into financial markets as a survival mechanism. Rather than democratizing opportunity, these processes represent new modalities of accumulation in which survival strategies are subsumed into capital. Drawing on post-2018 data, we argue that wage earners are increasingly positioned as both exploited labor and subordinate participants in rent-based regimes. We introduce “share-commodifying” to capture how stable wage relations are dismantled and reframed as entrepreneurial risk-bearing, and “compensation-driven financialization” to describe workers’ reliance on financial markets, not for wealth creation but to offset stagnant wages and insecurity. Together, these generate a “survival strategy trap”: adaptive responses to precarity that ultimately deepen market dependence and capitalist control, reorganizing social reproduction by turning coping strategies into vehicles of valorization.

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Cite This Study

Özatalay et al. (2026) studied this question.

synapsesocial.com/papers/699a9d8e482488d673cd38b1https://doi.org/10.1177/08969205251379713
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