The Socioeconomic Effects of the 2008 Crisis on Different Social Classes in Turkey

Abstract

Globalization represents intense economic, political, social, and cultural relations across international borders. In this sense, globalization can be characterized by the broadening linkages of national economies in a worldwide market for goods and services. The world market also defined by competitive capitalism, the importance of private property, and the virtue of individualism has become the dominant principle introduced by colonial and post-colonial forces in non-Western societies (Schuerkens 2008: 10). According to Giddens (1990), the process of globalization, especially worldwide markets, influence nation-states and their economies. © 2012 Taylor & Francis.