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Classes and Development

Classes and Development
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Author(s): Zekeriya Eray Eser (Artvin Çoruh University, Turkey)
Copyright: 2020
Pages: 15
Source title: Comparative Approaches to Old and New Institutional Economics
Source Author(s)/Editor(s): Ilkben Akansel (Bartin University, Turkey)
DOI: 10.4018/978-1-7998-0333-1.ch016

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Abstract

Classes forming the social division of labor have changed with the capitalist mode of production. The inheritance from the feudal system is not suitable for the capitalist system. For this reason, the class structure which is suitable for capitalism over time has taken place in many societies. This transformation has become more difficult, especially in the late capitalist countries. This chapter examines class structures of some late-capitalist countries outside Europe and North America. Latin America, Japan, South Korea, and Turkey have historically been studied before and after periods of capitalism. While some countries have successfully completed and managed to develop their class transformations under difficult conditions, some countries have failed. Along with an unsuccessful transformation, new classes have emerged which have preventive effects on the development target. It is difficult for the countries that cannot make their class structure compatible with the capitalist system and the development target.

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