In a large (at least 5 Quart) pot over medium high heat, add olive oil. Once the oil is heated, add the ground turkey to the pot. Cook until all of the water has evaporated from the meat and it starts to brown.
Next, add 2 cups of water or broth, if using, to deglaze the pot. Then add the crushed tomatoes, beef base, beans, tomato paste, molasses and corn, stir to combine.
Add an additional cup of water or broth to the pot and bring to a simmer. Leaving the lid slightly ajar, let simmer for 40 minutes, turning occasionally.
With 20 minutes left, add the peppers and adjust seasoning to taste. Once done, roughly chop half a bunch of cilantro (stem included) and stir to combine.
For a thicker chili, keep simmering until desired consistency is reached. For a thinner chili, you can add more water. Leftovers will be thicker and may need to be thinned out with a bit of water upon reheating.