National economy (Turkish: Millî İktisat) is the economic plan, essentially kleptocratic, envisioned by Ziya Gökalp and carried out by successive Ottoman and Turkish governments, which involved the systematic dispossession of 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.
[4] Before the revolution, the Committee of Union and Progress held extremist views of the economy, for example advocating for boycotts against Armenian goods and shutting down the Public Debt Administration.
This became a formal platform of CUP policy in their 1916 congress, whose goal was to create an indigenous Turkish-Muslim bourgeoisie and middle class.
Import substitution industrialization and property confiscation centralized of economic capital in the hands of "loyal" ethnic groups, which deepened political support for the CUP.
[6] The policies associated with National Economy were essential for the CUP's Türk Yurdu project that carried over to the later Republican People's Party regime, and created a fertile ground for the Republic of Turkey's industrialization post independence war.