A Story of Post‐Fordist Exploitation: Financialization and Small‐Scale Maize Farmers in Turkey

After the implementation of economic restructuring policies in Turkish agriculture, farming communities experienced significant changes in the patterns of agricultural production over the last decade. The dramatic shift from labor‐intensive field crops to maize farming represents such a change, particularly for small‐scale farmers, since high‐yield maize farming is driven by private agrifood corporate demand. In this article, I explore how this shift influences the relations of production in agriculture through a commodity‐system analysis of the maize sector in Turkey. Through the qualitative analysis of the semistructured in‐depth interviews and secondary data, I find that small‐scale farmers are able to participate in maize farming, even as their dependence on production credits to participate in industrial maize farming crucially reduces their bargaining power with private industry. I argue that the traditional Marxist approach, accumulation by dispossession, is not sufficient to explain the participation of small‐scale farmers. Instead, I propose a new concept, entrepreneurial exploitation, to describe the participation of small‐scale investors in the post‐Fordist regime. Thereby, I point to the important role of expansion of credit markets as a consequence of financialization.     

The Relationship between Marcellus Shale Gas Development in Pennsylvania and Local Perceptions of Risk and Opportunity

Recent advances in gas and oil drilling technology have led to dramatic boomtown development in many rural areas that have endured extended periods of economic decline. In Pennsylvania's Marcellus gas fields, the recent development of unconventional shale gas resources has not been without controversy. It has been variously framed as a major opportunity for economic revitalization at the local and regional levels and energy independence at the national level, but also as a significant environmental risk, with uncertain and uneven economic benefits. We use data from a survey conducted in 309 school districts located within Pennsylvania's Marcellus Shale region to study the ways local stakeholders perceive both risk and opportunity associated with gas extraction from Marcellus Shale. Our analyses indicate that there is a strong positive association between perceptions of risk and opportunity associated with gas extraction. Further, the intensity of perception of both risk and opportunity is directly associated with the amount of local drilling, suggesting the complexity of local contexts within which local stakeholders evaluate rapid boomtown‐associated community change. In total, these findings complicate the framing of unconventional gas extraction in the Marcellus Shale region, and indeed boomtown growth overall, as fundamentally polarizing issues.