Islam and Mammon : Economic Predicaments of Islamism - Kuran, Timur

Islam and Mammon : Economic Predicaments of Islamism

Timur Kuran

Yayınevi: Princeton University Press

Yayın tarihi: 12/2005

ISBN: 9780691126296

İngilizce | 216 Sayfa |

Tür: Din / İslamiyet  |  Ekonomi

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The doctrine of "Islamic economics" entered debates over the social role of Islam in the mid-twentieth century. Since then it has pursued the goal of restructuring economies according to perceived Islamic teachings. Beyond its most visible practical achievement - the establishment of Islamic banks meant to avoid interest - it has promoted Islamic norms of economic behavior and founded redistribution systems modeled after early Islamic fiscal practices. In this bold and timely critique, Timur Kuran argues that the doctrine of Islamic economics is simplistic, incoherent, and largely irrelevant to present economic challenges. Observing that few Muslims take it seriously, he also finds that its practical applications have had no discernible effects on efficiency, growth, or poverty reduction. Why, then, has Islamic economics enjoyed any appeal at all? Kuran's answer is that the real purpose of Islamic economics has not been economic improvement but cultivation of a distinct Islamic identity to resist cultural globalization. The Islamic subeconomies that have sprung up across the Islamic world are commonly viewed as manifestations of Islamic economics.

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