State as the Source of Wealth: In Ottoman Economic Thought: A different approach to reflections in the aftermath of the global crisis

Abstract

This study aims to deal with the ways of creating wealth by economic activities, presenting experiences within Ottoman state tradition and a role of Ottoman state during this period. In this context, the economic power achieved by the state will be explained through examples of practices. The role of the state in the economy has been raised with the latest global crisis and despite the historical expriences, this role has been started to debate in the economics. In fact, the corrupted state concept should be re-evaluated and re-established. Otherwise, re-evaluation of fundamental issues such as market system or freedom of enterprise wouldn’t contribute much to the solution of the problem