The Spirit’s Pathetic and Redemptive Presence in Global Capitalism

Pneuma ◽  
2020 ◽  
Vol 42 (1) ◽  
pp. 25-49
Author(s):  
Jongseock (James) Shin
Keyword(s):  
Human Life ◽  
Capitalist System ◽  
Equal Distribution ◽  
New Creation ◽  
Distribution Of Wealth ◽  
The Poor ◽  
Economic Sphere ◽  
Triune God ◽  
Hypostatic Union ◽  
The Rich

Abstract In this essay, I argue that, in the pathetic, transformative, and eschatological presence, the Spirit persistently brings the economic sphere of human life into the perichoretic fellowship of the triune God. When considering the perennial and ever-growing gap in wealth between the rich and the poor as well as the Global North and the Global South within the global capitalist system, I deeply appreciate Kathryn Tanner’s call for an economy of grace. However, in my critical engagement with her suggestion of the hypostatic union as a model for an equitable economy, I suggest how the global capitalist market could be modeled on the “perichoretic” union in the presence of the Spirit who co-suffers with and redeems creation including the economic sphere as the pledge of the new creation. Then, I concretely engage with the problems of equal distribution of wealth, alienation of labor, and solidarity with the poor for their own rights.

scholarly journals Pengaruh Zakat, Infak, dan Sedekah terhadap Pertumbuhan Ekonomi Indonesia

2020 ◽  
Vol 6 (1) ◽  
pp. 101
Author(s):  
Dewi Purwanti
Keyword(s):  
Economic Growth ◽  
Regression Analysis ◽  
Basic Needs ◽  
Poor People ◽  
Panel Regression ◽  
Distribution Of Wealth ◽  
The Poor ◽  
The Rich ◽  
Positive Effect

Zakat is obligatory for all Muslims while infaq and alms are sunah. Zakat, infaq, and alms (ZIS) make distribution of wealth from the rich to the poor people. If the poor people are able to fulfill their basic needs, they can work well and contribute positively to the economy in various sectors. Zakat, infaq, and alms are expected to be one of the alternative policies to increase economic growth. However, to find out whether zakat, infaq, and alms have succeeded in positively contribute to economic growth, research is needed to prove the existence of the influence of zakat, infaq and alms in Indonesia. The purpose of this study is to determine the effect of zakat, infaq, and alms on the economy. This study uses a panel regression analysis with driscoll and kraay standars errors. The results of this study showed that zakat, infaq, and alms have positive effect on Indonesia's economic growth.

scholarly journals OPTIMALISASI POTENSI DANA ZAKAT, INFAQ, SADAQAH DALAM PEMERATAAN EKONOMI DI KABUPATEN SUKOHARJO (Studi Kasus di Badan Amil Zakat Daerah Kab. Sukoharjo)

2017 ◽  
Vol 3 (01) ◽  
pp. 16
Author(s):  
Sumadi Sumadi
Keyword(s):  
Participant Observation ◽  
Human Life ◽  
Secondary Data ◽  
Phenomenological Approach ◽  
Safety Net ◽  
Primary Data ◽  
Goods And Services ◽  
The Poor ◽  
The Rich ◽  
Qualitative Phenomenological

Economic activity is something that can not be separated from human life especially good for a country or region. Along with the times, of the needs of humans increase therefore the economy is continuously growing and changing. Islamic philanthropy has an important role in the economy. an instrument of philanthropy is the mechanism of transfer of the rich to the poor is right on target. At the same time, the Islamic philanthropy instrument acts as an effective social safety net. With the transfer of income from the rich to the poor, there will be an increase in demand for goods and services from the poor, who are generally basic needs. Judging from the type of funding source, Zakat, Infak, Sadaqah (ZIS) with the largest Muslim population in the world, Indonesia has the potential for enormous ZIS. The methodology in this study used a qualitative phenomenological approach, so that research results in accordance with the facts on the ground. Source of data derived from primary data and secondary data. While data collection techniques with in-depth interviews, documentary studies, as well as participant observation. Potential national charity reached 19.3 trillion. While Hafidhuddin (2010), said that the potential of zakat in Indonesia reached 80 trillion annually (this potential, before accounting for the funds infaq and sadaqah untapped in the community as a source of funds are voluntary sadaqah infaq. Potential Zakat, Infaq, Shodaqoh Sukoharjo regency of 1.6 M / year average of 30% in the form of zakat profession dominated by civil servants and the percentage of individuals still need to be improved and 70% is still a infaq shodaqoh ".Keyword: Infaq Zakat and Sadaqah Sukoharjo, Poverty

scholarly journals ZAKAT HASIL TAMBAK GARAM DALAM PERSPEKTIF MAQASID AL-SHARI’AH ABDUL MAJID AL-NAJJAR

2021 ◽  
Vol 9 (1) ◽  
pp. 193-218
Author(s):  
Firman Setiawan
Keyword(s):  
Salt Ponds ◽  
Distribution Of Wealth ◽  
The Poor ◽  
The People ◽  
The Rich

Most of salt farmers consider the result of salt ponds are assets which are unnecessarily required to pay zakat. It iss because the result of salt ponds are not assets which are mentioned explicitly in the quran verse as assets that must be issued to zakat. Therefore, the author tries to study the zakat law from the result of salt ponds from the perspective of maqasid al-sharia by Abdul Majid al-Najjar. It is known from the result of this study that in the zakat resulting from salt ponds there is a maqasid al-kulliyah (realizing the welfare of the people and the distribution of wealth), maqasid al-nau’iyah (giving a rise to a sense of solidarity and enthusiasm to help each other between the rich and the poor), and maqasid al-juz'iyyah (purifying wealth and self, as well as cleaning charity and result of operations). The result of salt ponds are assets for which zakat must be issued and are categorized as commercial assets based on several reasons, namely: first, there are maqasid that must be realized; secondly, it is kasab; third, the result of salt ponds are not bound by the obligation of other zakat in essence; fourth, it intention/purpose to be sold; and fifth, the fulfillment of ‘illat zakat, which is al-nama’ (growing).

scholarly journals Towards developing service quality index for zakat institutions

2017 ◽  
Vol 8 (3) ◽  
pp. 326-333 ◽  
Author(s):  
Norazlina Abd. Wahab ◽  
Zairy Zainol ◽  
Mahyuddin Abu Bakar
Keyword(s):  
Service Quality ◽  
Conceptual Model ◽  
Relevant Literature ◽  
Content Type ◽  
Distribution Of Wealth ◽  
Muslim Countries ◽  
The Poor ◽  
The Rich ◽  
The Needy

Purpose This paper aims to present a conceptual model on service quality of zakat institutions that are responsible for collecting, managing and distributing zakat in Malaysia. Zakat is an Islamic religious “tax” charged on the rich and well-to-do members of the community for distribution to the poor and the needy as well as other beneficiaries based on certain established criteria according to the Qur’an. The main aim of zakat is to protect the socio-economic welfare of the poor and the needy. Design/methodology/approach The paper reviews and synthesizes the relevant literature on service quality. The paper then proposed a conceptual model to study the service quality of zakat institutions. Findings The paper identifies the appropriate methods to examine the extent of service quality of zakat institutions. Such evaluations are crucial for organizations like zakat institutions to function effectively to achieve the noble objectives of socio-economic justice through proper distribution of wealth. Originality/value This paper presents a conceptual model of service quality of zakat institutions which would be useful for further empirical research in this area. The findings are not only relevant and applicable to Malaysia but also to other Muslim countries.

scholarly journals Peran Negara Dalam Distribusi Kekayaan (Perspektif Ekonomi Islam)

2017 ◽  
Vol 2 (1) ◽  
pp. 37
Author(s):  
Kuni Zakiyah
Keyword(s):  
Economic Activity ◽  
Class Struggle ◽  
Class Conflict ◽  
Economic Mechanism ◽  
Distribution Of Wealth ◽  
The Poor ◽  
Productive Activities ◽  
The World ◽  
Fair Distribution ◽  
The Rich

One of the most fundamental objectives of Islam is to bring happiness (Falah) for all Moslems both in the world and in the Hereafter and to realize the brotherhood among members of the Moslems community. This objective cannot be achieved if there are inequality and injustice in the distribution of wealth among society, the gap between the rich and the poor is still widening and there is class conflict/class struggle in society. In order to realize a fair distribution of wealth, fair and equitable, enforceable by means of the mechanisms of economic and non-economic mechanisms. Economic mechanism directed towards the productive sector, whereas non-economic mechanism, is not through productive economic activity, but through non-productive activities, for example, zakat, inheritance, and sodaqoh sunnah.

scholarly journals Democracy, neoliberalism and the alternative

2020 ◽  
Vol 15 (1) ◽  
pp. 79-90
Author(s):  
Slobodan Milić
Keyword(s):  
21St Century ◽  
Economic Systems ◽  
Capitalist System ◽  
Neoliberal Capitalism ◽  
The Poor ◽  
The World ◽  
The Rich ◽  
The Difference ◽  
Political Economic ◽  
Paper Author

In this paper author is dealing with the problem of democracy and neoliberal capitalism, through the prism of history; it explains the difference in certain socio-economic and political-economic systems. The concept of the neoliberal capitalist system that has been current for the last forty years has become unsustainable due to the enormous inequalities in the society that it has created. Therefore today, the rich are getting richer, while the poor are getting poorer. It has also been shown that without the economic intervention of a state, no economic system can survive. The growing protests throughout Europe and the world have prompted the author to consider the following questions' What are the alternatives to neoliberal capitalism? Why are Marxism and socialism always current when we talk about changing? Can we talk about socialism in the 21st century?

Editor's Note

2004 ◽  
Vol 27 (1) ◽  
pp. i-iii
Keyword(s):  
United States ◽  
Public Education ◽  
Economic Status ◽  
Ethnic Origin ◽  
Fair Use ◽  
Good Education ◽  
The Poor ◽  
The Rich

In this election year, 2004, people are grappling with the various forces that make up these United States. What forces encourage inclusion and which exclusion? Who is to be included and who excluded? Is this to be a country with wide discrepancies between the rich and the poor? Is this to be a country where public education is poorly funded and a good education depends upon private resources? Are we going to forget that discrimination on the basis of gender, race, ethnic origin, and economic status still exists and needs to be perpetually, vigilantly addressed? There is a deep division in the country over the proper and fair use of our resources that constitutes concern in all our citizens

Comparative Study Of Islamic Economic Law And The Capitalist

2018 ◽  
Vol 16 (2) ◽  
pp. 104
Author(s):  
Tesa Mellina ◽  
Mohammad Ghozali
Keyword(s):  
Economic System ◽  
Capitalist System ◽  
Economic Problems ◽  
Economic Law ◽  
The Poor ◽  
Economic Practice ◽  
The World ◽  
Islamic Economic ◽  
Economic Injustice ◽  
Islamic Values

The implementation ofthe capitalist system has eliminated the Islamic values in economic practice. After the financial crisis hit the world, the capitalist system reaped many questions and its greatnessbegins to be doubted. The capitalist system implementationprecisely creates new problems in the economy. The concept of individualism which is the main key in capitalist practice only creates economic injustice and misery of the poor. The only economic theory that is expected as a light in dealing with economic problems is an economic system that is able to create justice,the welfare of all parties and blessings both the world and the hereafter. The theory is the Islamic economics which in practice is inseparable from Islamiceconomic law. Islamic economic law that underlies the Islamic economic system is totally different from the capitalist economic system.Keywords: Islamic Economic Law; Islamic economics; Capitalist Economy

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