National economy (Turkey)

National economy (Turkish: Millî İktisat) is an economic plan which sought to industrialize the Ottoman Empire through corporatism, protectionism, and statist measures. This would be done by curating an enigmatic indigenous (Turkish–Muslim) bourgeoisie. Kleptocraticy was an important detail in this endeavor, as confiscation was used against foreign assets and native Christian upper-classes (which primarily occurred as a result of the Armenian genocide and expulsion of Greeks) and their replacement by Muslim Turks in addition to large-scale confiscation and redistribution of Christian-owned property. Envisioned by Ziya Gökalp and Alexander Parvus it was carried out by successive Ottoman and Turkish governments. Türk Yurdu announced 1915 as the starting year of the national economy. To Emil Ludwig, Talaat Pasha mentioned that the loss of the Armenian workforce would damage the economy for a short while, but that Turks would step in their positions and replace the Armenians soon.