Islam and the Moral Economy: The Challenge of Capitalism by Charles Tripp

By Charles Tripp

How do glossy Muslims adapt their traditions to interact with ultra-modern global? Charles Tripp's erudite and incisive e-book considers some of the most major demanding situations confronted by way of Muslims during the last sixty years: the problem of capitalism. by way of connection with the works of famous Muslim students, the writer exhibits how, confronted through this problem, those intellectuals devised a variety of thoughts that have enabled Muslims to stay precise to their religion, while attractive successfully with a global now not in their personal making. The paintings is framed round the improvement in their rules on Islamic socialism, economics and the reason for Islamic banking. whereas a few Muslims have resorted to war of words or insularity to deal with the demanding situations of modernity, so much have aspired to innovation and ingenuity within the look for compromise and interplay with worldwide capitalism within the twenty-first century.

Show description

Read or Download Islam and the Moral Economy: The Challenge of Capitalism PDF

Best economic history books

Economic Thought Since Keynes: A History and Dictionary of Major Economists

Monetary suggestion when you consider that Keynes offers a concise review of fixing fiscal inspiration within the latter a part of the 20th century. half I is an historic account of financial notion. half II is an research in their contribution to fiscal notion and a advisor to the secondary literature.

Mammon's Music: Literature and Economics in the Age of Milton

This e-book explores what the industrial revolution of the 17th century intended to the best poet of the period, John Milton, and the wider literary culture during which he labored. New financial rules motivated a variety of Milton's most famed writings as he and different authors engaged with the commercial discourse of the age, reimagining rules approximately self, neighborhood, and empire.

Model Risk - Identification, Measurement and Management

Over the last decade the monetary provider has spent large assets on construction versions to degree monetary hazards. usually, those versions predictions have been used with out acknowledging that truth may possibly or would possibly not mirror the assumptions made and therefore the predictions. The publication goals to supply ideas on find out how to comprise version possibility into current danger dimension frameworks.

Outcast London: A Study in the Relationship Between Classes in Victorian Society

 At the time the most important urban on this planet, Victorian London intrigued and appalled politicians, priests, novelists and social investigators. Dickens, Mayhew, sales space, Gissing and George Bernard Shaw, to call yet a number of, developed a morbid fascination with its sullied streets and the sensational gulf between London sessions.

Extra info for Islam and the Moral Economy: The Challenge of Capitalism

Example text

For him, if the most impressive model of a fully functioning society at the time, which was delivering the greatest good to the greatest number, was that of capitalist and industrialised Europe, then this must be the aim towards which Muslims must aspire. Although they certainly had their differences and, to a large degree, read very different political imperatives into their interpretations of progress, there 33 34 35 N. Keddie, Iran: Religion, Politics and Society (London, 1980), pp. 56–7; H.

By contrast, he sought to advocate the ‘true socialism’ of Islam. This he believed to be founded on brotherhood and cooperation, modelled on the example of the Prophet Muhammad and kept in place by an awareness of the normative priorities of religion. 48 Some of these themes were taken up, although with different emphases, by his disciple Muhammad ‘Abduh and by Rashid Rida. As far as ‘Abduh was concerned, capitalist accumulation and the qualities promoted by capitalism diminished the power of such moral restraints as compassion, mercy, solidarity and cooperation.

187–204. The ‘social problem’ 35 A similar preoccupation with the solidarity of the Islamic community and the erosion of the normative bonds which hold it together under the pressure of industrial capitalism was visible in the writings of the Syrian Rafiq al-‘Azm. He asserted that Islamic civilisation must be based on ‘public solidarity’ (al-takaful al-‘amm). For him the shari‘ah, properly observed, provided the only possible framework for a moral economy that ensured solidarity, cooperation and the independence of the individual to act within boundaries that would be just and equitable.

Download PDF sample

Rated 4.86 of 5 – based on 29 votes

Related posts