Varieties of Capital in the Eastern Mediterranean

AHA Session 67
Labor and Working-Class History Association 3
Saturday, January 4, 2025: 8:30 AM-10:00 AM
Empire Ballroom West (Sheraton New York, Second Floor)
Chair:
Nora Barakat, Stanford University
Comment:
Nora Barakat, Stanford University

Session Abstract

Many economic and political histories of the Ottoman Mediterranean have long equated Western European and American investments, interventions, and trade agreements in the nineteenth century with the beginnings of capital accumulation. While the variants of this rupture-driven narrative could be found in many and often conflicting politics of knowledge production (nationalist, Orientalist, Marxian, Weberian, etc.), it has hindered a more class-centered reading of capital and its varieties in the Ottoman Mediterranean. This temporal and conceptual rupture not only favored trade-centered narratives of change with little to no attention to distinct ecologies and process of production but also treated the existing and ever-changing political economies in the Ottoman countryside as sole outcomes and configurations of outside capitalism and imperialism. Similarly, the early modern Ottoman economy was often portrayed as cycles of antediluvian provisioning of cities and armies and its supposedly harmonious orchestration by the central state with little to no potential for capital formation.

All four papers in this panel emphasize continuity over rupture, utilizing rich and diverse archival repositories and focusing on multiple scales, contexts, and conjunctures, as well as on commodities, actors, institutions, and power relations, Standing at the intersections of science, technology, capital, labor, environment, and corporate colonialism, this panel welcomes the new histories of capitalism, urging scholars to move beyond strictly urban and industrial foci, as best illustrated by renewed and critical scholarship on histories of slavery, colonialism, and racial capitalism. While the spatial focus of the new scholarship remains on the Atlantic world and the Americas, this panel invites scholars to consider capital and capitalism as a global process and phenomenon through studies from the Ottoman Mediterranean between the eighteenth and early twentieth centuries.

Önder Eren Akgül argues debt, dispossession, and violence were essential to the multiscale operations of capital in Western Anatolia through the commodification of licorice by the British and later American MacAndrews and Forbes company in the late Ottoman Empire. Kristen Alff focuses on Beirut-based families becoming major actors in the global capitalist market in cotton and silk in the nineteenth century by employing various strategies within late Ottoman contexts and during critical conjunctures of global capitalism. Anıl Aşkın discusses the fierce competition among rival saltpeter contractors and the conditions of capital accumulation in eighteenth-century Niğde, the major supplier of saltpeter for the early modern and modern Ottoman war economy. Lastly, Emre Can Dağlıoğlu rethinks the 19th-century Ottoman public debt crisis and the subsequent establishment of an international financial control institution by European creditors from the perspective of corporate colonialism, with a particular focus on silk production.

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