@article{2018,title={A HISTORICAL EVALUATION OF ECONOMICS AND CAPITALISM FROM THE PERSPECTIVE OF TURKISH SOCIETY},abstractNode={Begining of Economics science is accepted as 1776 according to history of economics. In 1776 Adam Smith published his famous book “Wealth of Nations”. With this great book Smith presented a very realistic economic system vision for Western countries. The name of this new economic system was Capitalism and the engine of this system was “self-interest”. Sociology was founded as a formal academic discipline at the end of 19th century in Europe. The leading sociologists like Tönnies, Simmel, Durkheim and Weber was frightened and excited by the rapid urbanization, industrialization, scientific revolutions, technological advances and rising rationalisation which were taking place in Europe. These leading sociologists were making researches which were mainly based on “social relations”. Capitalism, modern economics and sociology entered Ottoman society with Tanzimat Reforms. However, there were no educated, rational, reliable and calculative individuals to realize industrialization and capitalism in the Ottoman society. In this study, the birth of capitalism, economics and sociology in Europe is historically evaluated. Besides, introduction of capitalism, economics and sociology to Ottoman society is shortly discussed.},author={Tolga KABAŞ},year={2018},journal={The Journal of Academic Social Science}}