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


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Altınoklu Ersoy M. N., Özatalay K. C.

CRITICAL SOCIOLOGY, cilt.0, sa.0, 2026 (SSCI, Scopus)

Özet

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.