Ottoman society was built on a fundamentally different axis from Western civilization, which organized its socioeconomic structure around the accumulation of surplus production. The Ottoman economic system was based on a regulation that placed the human being at its center, aimed to meet basic needs securely and equitably, and sought to limit capital accumulation and class stratification as much as possible. The three core principles conceptualized by the late prominent professor Mehmet Genç – provisionism (iaşe), traditionalism (gelenekçilik) and fiscalism (fiskalizm) – play a central role in understanding the distinctive nature of Ottoman society. The principle of provisionism defined the ultimate goal of economic life not as maximizing profit but as ensuring that the needs of the population were met in an affordable and high-quality manner. Within this framework, keeping prices under control, restricting the scale of production centers, and preventing monopolization that could jeopardize the provision of essential goods were considered among the primary duties of the state. This reveals that production was perceived as a public service and that the market was not seen as an autonomous, self-regulating mechanism but rather as one shaped and supervised by state authority.
Economic, social axes: Ottoman, Western diverging perspectives | Column
The Ottoman Empire pursued social equilibrium while the West pursued capital accumulation, a divergence that continues to define modern inequality







