Bulgarism: The Self-Colonisation of a Nation and the Financialisation of Sovereignty

Maria Todorova's concept of **Balkanism** fundamentally transformed the study of the Balkans by demonstrating that the region is not merely a geographical space but a discursive invention of Western Europe. The Balkans became Europe's "internal Other"—a place imagined as perpetually incomplete, semi-European, irrational and historically condemned to instability. Bulgaria occupies a particularly revealing position within this discourse. It is simultaneously inside Europe and outside its imagined civilisation, forever measured against a Western standard that it can never completely attain. Balkanism therefore explains how the West produces an image of the Balkans through a language of deficiency, backwardness and permanent transition. Yet if Todorova explains how Bulgaria is imagined from the outside, Alexander Kyosev explains how Bulgaria gradually begins to imagine itself. His influential concept of **Self-Colonizing Cultures**, formulated in 1995, describes one of the most original paradoxes of modern Bulgarian history. Bulgaria was never colonised by Britain, France or another Western imperial power. Instead, after Liberation, its own intellectual and political elites voluntarily accepted Western Europe as the unquestionable measure of civilisation. Looking at Paris, Vienna or Berlin, they experienced what Kyosev calls a profound "trauma of absence." They saw not what Bulgaria possessed but what it supposedly lacked: monumental architecture, universities, museums, industry, bourgeois culture and modern institutions. Instead of constructing modernity on their own historical foundations, they concluded that civilisation itself had to be imported. Bulgaria therefore became a nation that colonised itself long before anyone else needed to. This cultural diagnosis also explains one of the deepest contradictions of Bulgarian economic history. Europeanisation was never merely an intellectual project. It required enormous financial resources. Railways, ministries, military academies, public buildings, boulevards and industrial enterprises could not be built by patriotic enthusiasm alone. A poor agrarian economy possessed neither the domestic capital nor the banking system capable of financing such rapid transformation. Consequently, almost every programme of modernisation became inseparable from sovereign borrowing. The desire to resemble Vienna was financed in Vienna. The ambition to become European increasingly depended upon the creditors of Europe. Self-colonisation thus acquired an economic dimension. Cultural imitation gradually produced financial dependence. This article proposes a further concept that completes the intellectual trajectory opened by Todorova and Kyosev. If **Balkanism** describes the external discourse imposed upon the Balkans, and **Self-Colonisation** describes the internalisation of that discourse by local elites, then **Bulgarism** describes the specifically Bulgarian form that this process ultimately assumes. Bulgarism is not simply a national version of Balkanism. It is the transformation of cultural self-colonisation into economic self-subordination. It is the historical condition in which Bulgarian elites willingly accept Western standards of civilisation, finance their imitation through external borrowing and gradually exchange political sovereignty for financial dependency while believing they are becoming more European. Bulgarism therefore differs fundamentally from Balkanism. Balkanism is a language spoken by others about Bulgaria. Bulgarism is a language Bulgarians begin to speak about themselves. The country increasingly appears as permanently incomplete, forever "catching up" with Europe but never arriving. Five centuries of Ottoman rule become the universal explanation for every contemporary difficulty. Corruption, administrative weakness, economic underdevelopment and political instability are routinely interpreted as inevitable consequences of an inherited Ottoman mentality rather than as historical outcomes of modern political economy. Bulgaria is reduced to an eternal bridge between East and West, simultaneously too Eastern for Europe and too European for the East. Even figures such as Aleko Konstantinov's Bay Ganyo become transformed into essential national stereotypes rather than literary satire, serving as convenient shorthand for Bulgarian backwardness in both domestic and foreign discourse. Kyosev's insight becomes particularly illuminating at this point. The tragedy of Bulgarian modernisation was not simply that it imitated Europe, but that it financed this imitation through dependence upon European capital. Every attempt to erase the Ottoman city by constructing a Viennese capital required foreign loans. Every effort to demonstrate that Bulgaria belonged to Europe strengthened the influence of European financial institutions over Bulgarian public finances. Cultural recognition and economic dependency advanced together. The nation sought symbolic equality while simultaneously surrendering increasing portions of its financial autonomy. This diagnosis was anticipated decades earlier by one of Bulgaria's first socialist thinkers, **Dimitar Blagoev**. Long before dependency theory or postcolonial studies emerged, Blagoev warned that the patriotic enthusiasm surrounding Liberation risked concealing another process taking place beneath the surface of national celebration. While the public honoured revolutionary heroes and celebrated political independence, successive governments pledged railways, customs revenues, monopolies and future tax income to foreign creditors in order to finance the new state. Liberation, Blagoev argued, could easily become the political façade behind which a new bourgeois order transferred economic sovereignty abroad. His critique was not directed against independence itself but against the manner in which independence could be transformed into a profitable mechanism for financial capital. Political emancipation, if accompanied by permanent indebtedness, remained fundamentally incomplete. The synthesis of Todorova, Kyosev and Blagoev therefore reveals a remarkable historical sequence. First, the West produces the discourse of **Balkanism**, presenting Bulgaria as Europe's incomplete periphery. Second, Bulgarian elites internalise this judgement through **Self-Colonisation**, accepting Western Europe as the unquestionable model of civilisation and attempting to erase their own historical "deficiencies." Third, this desire for recognition is financed through sovereign borrowing, integrating the country into long-term structures of financial dependence. Finally, every subsequent financial crisis is interpreted not as the consequence of these structural relations but as further evidence of the alleged backwardness described by Balkanism. The discourse that initially justified imitation eventually becomes the explanation for the failure produced by the very economic mechanisms accompanying that imitation. This is the point at which **Bulgarism** evolves into **Bulgarization**. Bulgarism describes the cultural psychology of permanent incompleteness; Bulgarization describes its political economy. Bulgarization is the historical process through which self-colonisation becomes sovereign indebtedness, cultural imitation becomes financial dependence, and political independence becomes one of the most profitable institutions of international capital. The Empire no longer requires governors because local elites willingly administer its financial architecture. It no longer conquers territory because sovereign governments borrow voluntarily. It no longer rules through occupation because obligations survive every election, every revolution and every regime. The history of Bulgaria since 1878 may therefore be read as the convergence of three intellectual traditions. Todorova explains how Bulgaria became Europe's imagined Other. Kyosev explains why Bulgarian elites accepted that judgement and attempted to escape it through imitation. Blagoev explains how the economic foundations of this imitation gradually transferred sovereignty from the nation to international finance. Together they reveal that the most enduring empire of modern history was neither Ottoman, Soviet nor European. It was the empire of debt. In that sense, **Bulgarization** is more than a Bulgarian story. It is the historical transformation of cultural inferiority into financial dependence, of national liberation into sovereign collateral, and of political independence into the long administrative history of obligations that outlive every ideology, every government and every generation. ### References Aleko Konstantinov (1895) *Bay Ganyo*. Sofia: T. F. Chipev. (Various English editions available.) Blagoev, D. (1906) *Prinos kam istoriata na sotsializma v Balgaria* [Contribution to the History of Socialism in Bulgaria]. Sofia: Novo Vreme. Blagoev, D. (1976) *Selected Works*, Vols. I–IV. Sofia: Partizdat. Kiossev, A. (1995) ‘Notes on Self-Colonising Cultures’, in *After the Wall: Art and Culture in Post-Communist Europe*. Stockholm: Moderna Museet. Kiossev, A. (2008) *The Self-Colonizing Metaphor*. Sofia: Critique and Humanism. Mishkova, D. (ed.) (2018) *Beyond Balkanism: The Scholarly Politics of Region Making*. London: Routledge. Said, E.W. (1978) *Orientalism*. London: Routledge & Kegan Paul. Todorova, M. (1997) *Imagining the Balkans*. New York: Oxford University Press. Todorova, M. (2009) *Imagining the Balkans*. Updated edn. New York: Oxford University Press. Todorova, M. (2026) *The Balkans: Mission Possible*. Sofia: Ciela.

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